Overview
- Updated On:
- January 15, 2025
- 6 Bedrooms
- 5 Bathrooms
- 2,210 ft2
Description
Attention Investors!! This 2200 sq ft legal duplex (zoned RC) and large heated detached shop sits on a massive ‘L’ shaped half acre ravine lot with 254 ft depth, and backs onto Burnley Park. Currently generating $34,800 annually (gross, main floor is vacant) with the potential to reach $70,000+ once fully tenanted. Large principal rooms, high ceilings and some newer windows. Great opportunity to owner occupy with mortgage helper, multi generational or future AUD/redevelopment. Extra long driveway offers ample parking and privacy. The possibilities are endless. Centrally located in the Terrace Hill neighbourhood with easy access to major highways, public transit, shopping, all amenities and University Campuses. Income/expenses available upon request.
- Principal and Interest
- Property Tax
- HOA fee
