Attention home buyers, home sellers, and real estate investors! Are you ready to seize an incredible opportunity in this housing market? Look no further than this 5 (3 up & 2 down) bedroom bungalow. This property offers the potential to easily add a second income residence with a separate entrance, making it an absolute gem for those seeking additional rental income or a multi-generational living situation. Located on a quiet street, this property boasts a large double detached heated garage, providing ample space for parking and storage. And let's not forget about the generously-sized 50 x 120 lot, offering plenty of room for outdoor activities and potential expansion. But what truly sets this property apart is its zoning classification, M-C1, which allows for the construction of up to a quad-plex. Imagine the potential for increased cash flow with multiple rental units or the ability to accommodate extended family members while maintaining privacy and independence. This property is a true game-changer, providing you with the opportunity to maximize your investment and create lasting wealth. Don't just settle for the status quo; seize the chance to create your own real estate empire. The power to build wealth is in your hands! So, whether you're a savvy investor looking for a profitable venture or a homeowner seeking additional income potential, this 5-bedroom bungalow is the answer to your dreams. Don't miss out on this incredible opportunity to make your mark in the real estate market. Contact your realtor today and turn your aspirations into reality!
Data was last updated October 19, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$549,450
Min list price:
$165,000
Max list price:
$900,000
Avg days on market:
30
Min days on market:
3
Max days on market:
384
Avg price per sq.ft.:
$557.62
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.