OTP 5/29 at 3 p.m. Looking for a project with serious upside potential? This 7-unit multifamily property is a true blank canvas—and with THREE city lots on title, multifamily zoning, and vacant possession available, the options here are wide open. Does the value lie in the land itself, with a larger redevelopment vision? Or do you keep the existing building and complete a substantial renovation to increase rental income through a BRRR-style strategy? Currently configured with 2, 2-bedroom suites, 4, 1-bedroom suites and 1 bachelor suite, this property has been a solid, predictable income generator for its long-time owner. There is also a large basement that may offer further development potential, along with ample rear parking & plug-in stalls. The location adds to the appeal, with public transportation just steps away, easy access to downtown and green space right next door. Whether you’re looking to expand your portfolio, reposition an income property, or investigate future development possibilities, this is the kind of opportunity investors look for but rarely find. Buyers to complete their own due diligence regarding zoning, development potential, permits & future use. Vacant possession available.More details
Offers anytime. Commercial office building with 5 private offices (1 on main and 4 on the upper floor) w storage/photocopier room and 2 pc bath and a fire escape. Main floor also offers a reception space, a boardroom, a staff room and 2 pc accessible bathroom. Parking for 2 and also a 3rd space for Car Co op parking/drop off. Full, unfinished basement is perfect for storage w 100 amp panel and high efficiency furnace. Downspouts, sump pump, HWT and electrical (2018). Hi eff furnace (2019). C/A (2023). Zoned C2. Accessible front ramp and fenced front yard. Neighbour to Art City and grocery store and pharmacy and a short walk to Wannabees Diner. Perfect central location and on bus route and minutes from the Broadway service centres and also walking distance to Wolseley and Osborne Village. Measurements and square footage +/- jogs.More details
Listed by Jennifer Berthelette of Ethos Realty Inc.