Description
This property presents a remarkable opportunity for investors, particularly given the forthcoming Bill 44, which is set to increase the density on lots near public transit. Under this new legislation, properties near the public transit and back lane access can be developed into a potential sixplex. Buyer/Buyer's Agent to check with city. With a spacious 8,000 square-foot lot, 6 bedrooms, 2 bathrooms, including a rental suite downstairs. The potential rental income from this setup is substantial, with the capacity to cover a significant portion, if not the entirety, of the mortgage. Making it an attractive investment opportunity. Call us now. Easy to Show! Open house on Saturday June 22 and Sunday June 23 from 2-4pm.
General Info
MLS Listing ID: R2892961 | Bedrooms: 6 | Bathrooms: 2 | Year Built: 0 |
Parking: N/A | Heating: Forced air | Lotsize: 7950 sqft | Air Conditioning : N/A |
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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .