NEW LISTING - FIXER UPPER: Mortgage Helper - Single Family home with excellent development options. A Short or Long term hold property perfect for Developers! This property has the potential for redevelopment of a 6-Plex. Currently configured with three separate suites, and easily converted back single family home with suite, this property offers a great revenue return. Three suites: 2 bedroom + 1 bathroom on the main level; a 2 bed +1 bath on the lower; a 1 bedroom + 1 bathroom garden suite. NOTABLE:updated kitchen, stainless fridge, white cabinets & subway tile; 3 updated bathrooms w soaker tub, glass shower, tile floors; laminate floors; some new windows; blinds, concrete steps & large patio; roof replaced in 2009. Fenced yard with plenty of parking + RV. Potential here to earn $60,000+ p/annum in rent. The 6000 sqft lot is currently zoned R2 and the adjoining lot of the same size has a current rezoning and building permit application with the city to redevelop to 4 townhomes.
Data was last updated October 18, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$799,000
Min list price:
$449,900
Max list price:
$1,650,000
Avg days on market:
30
Min days on market:
5
Max days on market:
149
Avg price per sq.ft.:
$578.14
These statistics are generated based on the current listing's property type
and located in
Vi Fernwood. Average values are
derived using median calculations.