Opportunity to own a 3-suite investment property in desirable Lakeview! Imagine owning a property that provides multiple income-generating opportunities. Welcome to 3140 Albert St, a 1950's home designed by the renowned Saskatchewan architect Francis Portnall. This unique property features three distinct living spaces, making it a versatile investment or a perfect multi-generational home. The main and second floors each feature spacious 2-bedroom residences, each spanning 1,468 sq.ft. with hardwood floors, formal living rooms with fireplaces & large picture windows that flood the space with beautiful natural light-both east &west. These suites have been rented separately and provide attractive rental income -ranging between $1400-$3000 per unit. The basement also offers additional revenue potential and could be used as a rental suite, work space or caregiver space and features its own family room with fireplace, small dining area, bedroom & bathroom. All units also enjoy their own kitchen, laundry and outdoor living area. The garage is currently being utilized as a storage space, but could be converted into a loft style office space, workshop or easily converted back into a garage. Recent upgrades include modernized bathrooms and windows (2014 & 2020), a new roof (2015), a composite deck (2020), boiler work (2023). Enjoy rooftop decks, a private backyard oasis, and a xeriscaped front yard with ample parking (6 spots). Originally designed & built for twin sisters who envisioned a life of cozy luxury in close proximity, this architectural gem boasts breathtaking views of Wascana Park and the legislative buildings in the highly sought-after Lakeview area. Set on a 7,492 sq.ft. lot with a fully fenced backyard and three parking spots off the alley, this well-maintained property presents endless possibilities. Whether you’re a savvy investor or a family seeking flexible living options, 3140 Albert Street is a rare find. Call your agent today to schedule your appointment. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.