$1,215,000 Sale
Listed 83 days ago
118 Avenue
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Key Facts
Key facts for 118 Avenue
Property Type
Commercial
Parking
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MLS®
45281785
Size
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Basement
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Listed on
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Lot size
-
Tax
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Days on Website
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Year Built
1965
Maintenance Fee
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Description
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Rare Cash-Flow Asset + Infill Site - 11,754 SF Lot under Modern Zoning - High Operational EfficiencyExcellent opportunity to acquire a well-maintained 9-suite, 2.5-storey walk-up apartment building in the... desirable Woodcroft neighbourhood. This income-producing property offers exceptional redevelopment and expansion potential with ample space to add additional units or construct a separate duplex with legal basement suites. Built in 1965, the property features a new roof (2024), new flooring (2024), and a newer hot water tank. A desirable suite mix consisting of:1 Studio, 5 One-Bedroom, and 3 Two-Bedrooms with 9 energized parking stalls in addition to convenient street parking. Ideally located with outstanding transit access, one-bus service to local universities, with a bus stop directly in front of the building. Residents also benefit from quick access to downtown, major roadways, shopping, schools, parks, an
Courtesy of: Michelle A Plach, HonestDoor Inc