Size
-
Lot size
5000 sqft
Street frontage
-
Possession
Other
Price per sqft
$350 - $466
Taxes
$4,547 (2025)
Parking Type
-
Style
2-Storey
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Description
Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. Property is being sold "as-is, where is". No warranties or representations from the seller.
Broker: ROYAL LEPAGE TEAM REALTY
MLS®#: X12314287
Property details
Parking:
8
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
50 Ft
Lot depth:
100 Ft
Listed on:
Jul 30, 2025
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Instant estimate:
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$353
higher than listed pricei
High
$734,320
Mid
$699,353
Low
$664,385
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