258 HANNAH STREET
$699,000
Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a 31×100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $59,160/year. Unit 1: 2 bed/2 bath rented at $1,900/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 180×100 ft — (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:13118)
Essential Information
- Listing #
- X12314289
- Price:
- $699,000
- Year Built:
- -
- Total Bedrooms:
- 4
- Total Bathrooms:
- 6
- Half Baths:
- -
- Property Type:
- Multi-family
- Basement:
- Full (Finished)
- Transaction:
- For sale
Property Specifications
- Parking Spaces:
- 6
- Maintenance Fees:
- Heating:
- Forced air
- Cooling:
- Central air conditioning
- Fireplace Type:
- -
Listing Details
- Last Updated:
- 2025, 01 Aug
- Listing Office:
- ROYAL LEPAGE TEAM REALTY
- Virtual Tour:
- Click Here