4 Beds 6 Bath

258 Hannah Street, Vanier and Kingsview Park, ON K1L 7N2

Vanier and Kingsview Park K1L 7N2 Ontario

MLS: X12314289

$699,000

Added 1 day ago | For Sale

Listed by: ROYAL LEPAGE TEAM REALTY

About Property

Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a 31x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $57,900/year. Unit 1: 2 bed/2 bath rented at $1,795/month (all inclusive). Unit 2: 2 bed/2 bath rented at $1,535/month (all inclusive). Unit 3: bachelor/2 bath rented at $1495/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 256 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.

Features

  • House Style:Triplex
  • Bathrooms:6
  • Land Size: 31 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Montreal Road & Hannah Street
  • Basement:Finished,Full , Finished,Full
  • Possession Date:TBD
  • Annual Property taxes: $4830
  • Bedrooms:4
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12314289

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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