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| Bedrooms: | 6 |
| Bathrooms: | 4 |
| Listing Type: | House/Single Family |
| Sqft | 2,890 |
| Lot Size | 6,000 |
| Built: | 1962 |
| Price: | $4,400,000 |
| Listed By: | RA Realty Alliance Inc. |
| MLS: | R2747822 |
Description
Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
Taxes (2022): $7,382.68
