256 HANNAH STREET

$725,000

Triplex
$725,000
6 Bedrooms
6 Bathrooms
6 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 $65,160/year. Unit 1: 2 bed/2 bath rented at $1,735/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,300/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, 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 #
X12314288
Price:
$725,000 
Year Built:
-
Total Bedrooms:
6
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, 03 Aug 
Listing Office:
ROYAL LEPAGE TEAM REALTY
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