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. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
5
Lot
64 x 256 ft
Amenities Nearby
Hospital, Park, Public Transit, Schools, Shopping
Equipment
Water Heater
Features
Conservation/green belt, Crushed stone driveway
Listing Contract Date
2025-01-11
Location Description
Charing Cross to Syndenham
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Workshop, Shed
Transaction Type
For sale
Zoning Description
RC, OS1
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1890
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
0.566 acres
Amenities
Hospital, Park, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
0.566
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