• Sold
6 Suite Building with Development Potential
6 Suite Building with Development Potential
6 Suite Building with Development Potential
6 Suite Building with Development Potential
6 Suite Building with Development Potential
6 Suite Building with Development Potential
6 Suite Building with Development Potential

For Sale

$999,900 CAD

SOLD

SOLD - Centrally located, fully rented purpose built brick apartment building within walking distance to shopping, transit, schools, and parks. The property features 6 suites with separately metered electricity, on-site parking, and potential to construct a further 9 two-bedroom suites. The site is 0.512 acres and zoned R6-5(54), h-89. Site plan ready with zoning and minor variance completed for the development and construction of a second 9 suite building. Building layout, background documents, and proposed site plan available to buyer. Excellent opportunity with both cash flow and development potential. Existing building has been well maintained and is turnkey. Suite mix: one 1 bedroom unit and five 2 bedroom suites. Taxes and Assessment are based on property as is.

Property Details

Area Size
3,518 SF above ground
  • 12-19-2019
  • Property sold in December 2019. Please contact listing brokers for further information.