This property on a deep lot is in high demand area, surrounded by redevelopment sites. Zoned CR2, major transit station area, walking distance to Oakwood LRT Station. In addition to being excellent future mixed-use urban development that can combine residential, commercial, and recreational, the property is currently being used as triplex, with two units rented generating a total of $3,600/month ($1,600/month for the bsmt apt and $2,000 for the upper level). The third self contained unit has a potential income of $2,000/month. Five parking spaces in total (1 garage, 2 driveway, and 2 side driveway.
Redevelopment site approximately 0.12 acres (to be sold together with 646 Vaughan Road, see MLS # C12121423). These two properties are in a high demand area, surrounded by redevelopment sites. Zoned CR2, major transit station area, walking distance to Oakwood LRT Station. In addition to being excellent future mixed-use urban development that can combine residential, commercial, and recreational, the two properties are currently being used as duplexes, with 9 parking spaces, can be used to generate interim rental income.
TREB #C2147969
Jul 7, 2011
Listed
$339,900
As the MLS and public records start to fill up, we'll list the details here.