MLS® W13222826 · Listed by MONTESANO REALTY INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$1,299,000
Semi-Detached for sale · 2 bed · 1 bath
Signal
26/100
Soft demand, likely to sit
Likely sale price $1,253,322
Attention Investors & Developers! Prime Multi-Unit Development Opportunity with Immediate Cash Flow. Skip the red tape and step into a fully approved project! This semi-detached property is being sold together with 451 Rogers Road, offering an incredible turn-key development opportunity in a rapidly growing pocket. The Current Income: Generating immediate holding income of $3,050/month + utilities. The Future Potential (Approved Plans Included) Recent Approval for a modern, 4-story mixed-use building.5 Income Streams: Features 4 residential dwelling units + 1 prime commercial main-floor unit. Premium Design Elements: Covered front entrance, rear balconies for the 2nd, 3rd, and 4th floors, rear basement walkout, and an exterior access staircase. Note: Must be sold with 451 Rogers Road. One of the owners is a Registered Real Estate Sales Representative. Listing broker is related to one of the Sellers. VTB Available