EXCELLENT OPPORTUNITY FOR INVESTORS OR BUILDERS. ONE BLOCK FROM COMMERCIAL DRIVE IN A HIGH DEMAND RENTAL AREA, THIS WELL KEPT & PARTLY UPDATED 3 LEVEL HOME WITH DETACHED GARAGE AND LANE ACCESS. FEATURES, 6 SELF CONTAINED SUITES WITH EXCELLENT & CLEAN MONTH TO MONTH TENANTS, LOW MAINTENANCE RENTAL PROPERTY THAT GENERATES GOOD ANNUAL INCOME AND IS EASY TO MANAGE. ALL ON A 32.86 X120 LEVEL LOT RM-4 ZONING WHICH ALLOWS THE BUILDING OF 2 HALF DUPLEXES FROM .60 TO 1.00 FLOOR TO SPA…CE RATIO OR A SINGLE HOUSE + A COACH HOUSE FROM .75 TO 1.00 FLOOR TO SPACE RATIO. ALL ON A PICTURESQUE NEIGHBORHOOD IN THE VERY POPULAR COMMERCIAL DRIVE AREA. WALK TO RESTAURANTS, SHOPS, SCHOOL, PARK, TRANSPORTATION, BRITANNIA COMMUNITY CENTRE & ONLY MINUTES TO DOWNTOWN. A GREAT INVESTMENT PROPERTY!!
Listed by RE/MAX City Realty.