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$999,900
Est. payment /mo
2 Beds
3 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $499
Subdivision 2012 - Fairview/Greenbrier
MLS® Listing ID 40796179
Bedrooms 2
Property Sub-Type Freehold
Property Description
High-traffic location with excellent exposure, this two-storey mixed-use property offers both immediate income and exciting future potential. Situated in an area zoned RHR-3 with a previous zoning of RHD-1, the property can be developed further for additional residential units or adapted entirely for residential use. The owner has received a decision from the city to allow for a larger general office on the main floor and extra permitted uses. The main level features two self-contained commercial units, each approximately 500 sq. ft., with individual heating, cooling, and a 2-piece powder room—perfect for attracting stable business tenants. Upstairs, a spacious 2-bedroom, 1-bathroom apartment spans 1,000 sqft., offering bright living areas, a functional layout, a private entrance and a large balcony. The property includes 11 parking spots for residents, customers, and deliveries, plus a single-car garage. With its combination of residential and commercial space, strong zoning flexibility, and a prominent location, this is an ideal choice for live-work use, rental income, or redevelopment. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Re/Max Escarpment Realty Inc.