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$699,900
Est. payment /mo
4 Beds
5 Baths
2,210 SqFt
UPDATED:
11/13/2024 10:19 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $316
MLS Listing ID X10403615
Bedrooms 4
Annual Tax Amount $3,447
Tax Year 2023
Lot Size 0.500 Acres
Property Description
Welcome to 165 Sydenham St – a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (3) three of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity.
Location
Province ON
County Brant
Zoning RC
Rooms
Basement Unfinished, Partial Basement
Kitchen 0
Interior
Interior Features Accessory Apartment
Cooling Central Air
Inclusions Other
Laundry None
Exterior
Exterior Feature Backs On Green Belt
Garage Private Double, Other
Garage Spaces 6.0
Pool None
Community Features Greenbelt/Conservation
Utilities Available Unknown
Roof Type Asphalt Shingle
Parking Type Unknown
Total Parking Spaces 6
Building
Lot Description Irregular Lot
Foundation Stone
Others
Senior Community No
Security Features Unknown
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Listed by Rock Star Real Estate Inc., Brokerage