244 HANNAH STREET
$699,000
Duplex
$699,000
7 Bedrooms
5 Bathrooms
6 Parking Spaces
Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50×100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 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 #
- X12314286
- Price:
- $699,000
- Year Built:
- -
- Total Bedrooms:
- 7
- Total Bathrooms:
- 5
- Half Baths:
- -
- Property Type:
- Multi-family
- Basement:
- Crawl space
- Transaction:
- For sale
Property Specifications
- Parking Spaces:
- 6
- Maintenance Fees:
- Heating:
- Baseboard heaters
- Cooling:
- Window air conditioner
- Fireplace Type:
- -
Listing Details
- Last Updated:
- 2025, 08 Aug
- Listing Office:
- ROYAL LEPAGE TEAM REALTY
- Virtual Tour:
- Click Here
