Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, a large eat-in kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax and there are two storage sheds on the property. Ample parking accessible through mutual drive or the rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn-key investment for end-users or investors (6% cap rate on projected NOI). An excellent opportunity in a high-growth, well-connected area. (id:4069)
Address
1281 WESTON ROAD
List Price
$949,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Toronto (mount Dennis)
Bathrooms
3
Floor Area
1,744 Sq. Ft.
Lot Size
25 x 110 FT Sq. Ft.
MLS® Number
W12103226
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Postal Code
M6M4R2
Zoning
Apartment Neighbourhoods (CR in former City Bylaw)
Site Influences
Highway, Public Transit
