3 beds · 1 bath · 1148 sqft
For more information, please click on Brochure button below. Investor alert! Exceptional development opportunity! Lot currently has a tenanted home on the property. 3 bed + den and 1 bath - 4 piece. Seize the potential of this multi-residential property, optimally located in the vibrant neighborhood of crescent heights. Boasting m-c1 zoning, this corner lot presents a unique prospect for development, with city approvals and permits already in place. Included are professional architectural renderings by a renowned inner-city specialist, tailored to enhance the utility and appeal of the space. The proposed designs feature potentially a versatile 2 or 3-bedroom units, each with a potential legally compliant basement walkout, making them ideal for student accommodations or long-term mixed-use tenancy. Capitalize on this prime investment opportunity! Existing dwelling will be demolished at buyers expense. Some photos are examples of rendering drawings. (id:39198)
Building Type House, Detached
Year built 1910
Square Footage 1148 sqft
Stories 1
Bedrooms 3
Bathrooms 1
Parking 2
NeighbourhoodCrescent Heights
Land size 5202.85 sqft|4,051 - 7,250 sqft
Heating type Central heating
Basement typeFull (Finished)
Parking Type RV
Time on REALTOR.ca14 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Easy List Realty
Home price
$950,888
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.
$8,650 / month
Rent $7,649
Savings $1,001
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$7,623 / month
Rent $7,415
Savings $208
Initial deposit 5%
Savings target Fixed at 5%