53 LABROSSE STREET, North Stormont, Ontario, CA

Address: 53 LABROSSE STREET, North Stormont, Ontario

0 Beds6 Baths5150 sqftStatus: Buy
Price $499,000

Property Overview


Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
5150 sqft
Community Name
710 - Moose Creek
Land Size
105 x 240 FT
Building
Interior Features
Appliances Included
Dryer, Freezer, Furniture, Microwave, Washer
Building Features
Square Footage
5150 sqft
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Parking
Total Parking Spaces
10
Land
Other Property Information
Zoning Description
C
Features
           Dryer            Freezer            Furniture
           Microwave            Washer            None
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Your Home Finance Calculation

Property Price CA $499,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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