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Description
This exceptional investment opportunity is located in a very PRIME location, just a minute away from Queen's University, making it highly desirable for student rental. The property consists of two separate living spaces, offering both flexibility and strong rental income potential. The first space has been updated and features two bedrooms, a full bathroom, and a well-appointed kitchen. With thoughtful upgrades, this space is comfortable, functional, and appealing to tenants. The second space is significantly larger, offering a total of ten bedrooms, two full bathrooms, and two kitchens (main floor & third floor). The expansive living area on the main floor, provides plenty of room for tenants to gather, study, or relax. The layout makes it ideal for student rental, ensuring a steady stream of income. Situated on an oversized lot, the property offers exciting potential for further development. The combination of its unbeatable location, consistent rental history, and expansion possibilities makes this a rare find. With no vacancies in the past decade and a history of strong income generation, this property is a fantastic investment for those looking to maximize returns in a sought-after area.
Overview
Property ID:
HML-233851591784
Type:
Investment
Square:
2,300 ft2
Price:
$2,100,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
No
Heating:
Gas Hot Water
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
10747
PossessionDetails:
Flexible
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