250 HANNAH STREET
$699,000
Triplex
$699,000
4 Bedrooms
3 Bathrooms
8 Parking Spaces
Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50×100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 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 #
- X12314287
- Price:
- $699,000
- Year Built:
- -
- Total Bedrooms:
- 4
- Total Bathrooms:
- 3
- Half Baths:
- -
- Property Type:
- Multi-family
- Basement:
- Full (Unfinished)
- Transaction:
- For sale
Property Specifications
- Parking Spaces:
- 8
- Maintenance Fees:
- Heating:
- Baseboard heaters
- Cooling:
- Window air conditioner
- Fireplace Type:
- -
Listing Details
- Last Updated:
- 2025, 01 Aug
- Listing Office:
- ROYAL LEPAGE TEAM REALTY
- Virtual Tour:
- Click Here
