Investor Alert! Triplex with Development Potential! This property is zoned RES-5, offering excellent potential to add more units on the massive 53FT x 176FT deep lot (drawing for a proposed 4-unit build with parking plan available). The property is separately metered, well maintained and offers 2 x 2 beds, 1 x 1 bed and plenty of parking. The upper unit is beautifully renovated and vacant, ideal for market rent or owner occupancy. The middle unit is currently rented at $1, 800/month. All tenants are in good standing with no open claims. Updates include: furnace (2021), hot water tank (2019), driveway (2013), roof (2010), and windows (2003). Conveniently located across from a shopping plaza and close to Stanley Park Conservation Area, Walter Bean Trail, Idlewood Pool, splash pads, schools, transit, and major highways. A solid portfolio addition with long-term upside.Show Description MLS® Number40733752
Laundry LevelCoin Operated
Central VacNo
FireplaceNo
Acreage
ExteriorBalcony
GarageNo
Approx. Age1957
BasementFull, Finished
DrivewayAsphalt
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel
Other, Fridge (X3), Stove (X3), Coin Washer (1), Coin Dryer (1)
