Overview
- Updated On:
- May 15, 2025
- 6 Bedrooms
- 2 Bathrooms
- 2,270 ft2
Description
Incredible investment opportunity in the desirable Leckie Park/Highland neighbourhood of Stoney Creek! This spacious 6-bedroom, 2-bathroom home sits on a large 77 x 132 ft R1-zoned lot, offering significant development potential. Possibility to sever the lot, explore future multi-unit development, or utilize the property under the CMHC MLI Select program for up to five units (buyer to verify). The garage and basement offer conversion potential for an additional dwelling unit.
Currently occupied with strong rental income:
Unit 1: $2,562.50/month (increasing Aug 1 by 2.5%)
Unit 2: $2,626.56/month
Ideal for investors seeking cash flow with upside, or developers ready to unlock the land’s full potential. Convenient location near schools, parks, amenities, and major routes. Full tenant details available upon request.
- Principal and Interest
- Property Tax
- HOA fee
