4 beds · 1 bath · 1570 sqft
DEVELOPERS INVESTORS city says now approved for FOUR units. 964 Loch Glen Pl is an exciting opportunity boasting an approved application and plans in place for a side-by-side duplex with two suites below, this property offers convenience and accessibility. OR change the plans with new OCP to potentially have the opportunity for two separate houses with suites. Whether you're looking to attract prospective tenants or create new residences, the proximity to key shopping centers and amenities including major bus routes restaurants schools rec centres etc. The approved application could be a great opportunity to live in one of the four options and have the remainder not only cover your mortgage but pay you to live. Also a great opportunity for investors seeking a fixer-upper or holding property. With some renovations and updates, you can transform this property into a desirable rental asset or holding property, benefiting from both short-term rental income and long-term appreciation. (id:39198)
Building Type House
Year built 1978
Square Footage 1570 sqft
Stories
Bedrooms 4
Bathrooms 1
Parking 4
NeighbourhoodGlen Lake
Land size 8276 sqft
Heating type Baseboard heaters
Basement type
Parking Type Stall
Time on REALTOR.ca55 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RE/MAX Generation - The Neal Estate Group
Home price
$750,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$6,822 / month
Rent $6,033
Savings $789
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,013 / month
Rent $5,848
Savings $164
Initial deposit 5%
Savings target Fixed at 5%