List Price: $1,298,800

MLS# X9517086

Brokerage: RIGHT AT HOME REALTY


Flooring: Tile, Seize this rare opportunity to build a lucrative investment property in the heart of Westboro. Whether you choose to proceed w/ the approved 6-unit building or explore the potential for up to 12 units in it's R4UB zoning, this property offers unparalleled possibilities. The approved architectural plans include 9' ceilings, large sunlit windows, an elevator for convenience, a rooftop space for relaxation, dedicated parking, and a bike/garbage shed in the back. Unit Breakdown:Two luxurious 3-bedroom + den, 2.5-bath units w/ in-unit storage (each 1850 sqft) ideal to live in; One 2-bedroom unit; One 1-bedroom + den unit & Two 1-bedroom units. W/ a strategic unit mix, the projected annual rental income is an impressive $256,800. After a 20% projected expense of $38,520, the expected NOI is $218,280, reflecting a solid 5.5% cap rate w/ potential for growth. It provides immediate income while you plan for the future. Act now to secure this prime Westboro investment. Some pics virtually staged, Flooring: Hardwood
Washrooms 2
Bedrooms 4
Basement Full
Lot Front 52.00
Lot Depth 107.00
Central Vac
Days On Market 241.0
Heat Source Gas
Garage Type Attached
Living Room , 3.81 x 4.57
Dining Room , 3.96 x 4.57
Approx Age
Approx Square Footage
Taxes 7834.00
Type Detached
Community 5002 - Westboro South
Air Conditioning None

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