Rare Find for Developers, Investors, and Home Business Owners!! - Unlock the potential of this exceptional property, perfect for various income opportunities and situated in a prime location which is easy access to downtown, all major roads, and highways. This bungalow is set on a 50ft x 120ft M-C1 lot, a multi-residential designation ideal for 3 to 4 storey apartment buildings and townhouses. It highlights (1) 1800 sq ft of total living space featuring 2 spacious bedrooms, a full bathroom, a living room, and a kitchen on the main level; (2) a DEVELOPED BASEMENT with a separate entrance offering 2 additional bedrooms, a full bathroom, a kitchenette, and a huge family room. This setup provides privacy and versatility for extended family living or a home office space; (3) AMPLE PARKING with 2 parking stalls in the front yard, additional 3-car parking space on the driveway, and a double insulated garage at the alley; (4) a secured and heated GARAGE workshop with large windows, situated above the double garage, offers additional storage or can be used as a home business office, yoga studio, home care space, or workshops. The upcoming LRT Green Line increases the land value and provides fast and frequent transit service connecting to hundreds of key destinations throughout the city. Don't miss out on this rare opportunity to invest in a property with versatile uses for Land Redevelopment, A Small Home Business, Rental Investment Opportunity, or a Principal Home. Contact Today to schedule a viewing and explore the endless possibilities this unique property has to offer.
Data was last updated November 5, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$849,500
Min list price:
$164,900
Max list price:
$1,800,000
Avg days on market:
49
Min days on market:
4
Max days on market:
199
Avg price per sq.ft.:
$519.9
These statistics are generated based on the current listing's property type
and located in
Highland Park. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.