ATTENTION BUILDERS AND INVESTORS! Located in the highly desirable Killarney neighborhood, just minutes from downtown, this prime 50 x 120 lot with M-C1 zoning is an exceptional opportunity for redevelopment, offering endless possibilities. This spacious lot can accommodate a mix of multi-family units or two single-family homes, allowing you to create a project tailored to current market needs. With M-C1 zoning, this property allows for low-rise, medium-density multi-residential development, giving you the flexibility to build a triplex, fourplex, rowhomes, townhomes, or a small apartment building up to three stories.
The existing bungalow features both upper and lower units, each with separate entrances, and a recently updated roof, providing extra value and peace of mind. The property generates strong rental income, making it an ideal revenue property while you plan your redevelopment.
This property is located within a short walk to Westbrook Mall and the LRT station, putting endless shopping, amenities, restaurants, and schools within minutes. Quick access to downtown and major routes also enhances its appeal for renters or future buyers.
Don't miss this opportunity to transform this inner-city property into your next successful project! Whether you’re planning a multi-residential development or looking for a revenue-generating property in a high-demand area, this Killarney location offers everything you need. Contact us today to explore this unique investment and realize the potential of this prime location!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,135.87 sq. ft.106 m2
Main Level Finished Area:
1,135.87 sq. ft.106 m2
Below Grade Finished Area:
1,107.87 sq. ft.103 m2
Lot Area:
5,995 sq. ft.557 m2
Lot Frontage:
50'15.2 m
Front Exposure:
West
Levels:
One
Total Rooms Above Grade:
7
Year built:
1955
(Age: 69)
Bedrooms:
5
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
1725AJ
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Laminate
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Parking Pad, Single Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Laundry Features:
Lower Level, Main Level
Killarney/Glengarry
None
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
11'4"3.45 m × 10'4"3.15 m
Main Floor
Dining Room
10'8"3.25 m × 7'11"2.41 m
Main Floor
Living Room
19'10"6.05 m × 12'7"3.84 m
Main Floor
Foyer
6'10"2.08 m × 3'3".99 m
Main Floor
Laundry
5'5"1.65 m × 3'.91 m
Main Floor
Bedroom - Primary
15'4"4.67 m × 13'7"4.14 m
Main Floor
Bedroom
10'2"3.10 m × 10'3.05 m
Main Floor
Bedroom
10'2"3.10 m × 9'8"2.95 m
Basement
Kitchenette
11'2"3.40 m × 11'3.35 m
Basement
Family Room
25'10"7.87 m × 9'10"3.00 m
Basement
Laundry
6'1"1.85 m × 2'11".89 m
Basement
Bedroom
13'9"4.19 m × 13'1"3.99 m
Basement
Bedroom
10'9"3.28 m × 9'7"2.92 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'7" x 7'5"
Basement
No
4
6'8" x 8'10"
Title to Land:
Fee Simple
Community Features:
Playground, Shopping Nearby, Street Lights
Interior Features:
Separate Entrance
Exterior Features:
Other
Patio And Porch Features:
Deck
Lot Features:
Back Yard, Street Lighting, Private, Rectangular Lot
Data was last updated November 14, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$909,900
Min list price:
$225,000
Max list price:
$1,759,000
Avg days on market:
35
Min days on market:
2
Max days on market:
147
Avg price per sq.ft.:
$489.44
These statistics are generated based on the current listing's property type
and located in
Killarney/Glengarry. 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.