North Stormont, ON K0C1W0,53 LABROSSE STREET
North Stormont, ON K0C1W0,53 LABROSSE STREET
North Stormont, ON K0C1W0,53 LABROSSE STREET
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Jeffrey Sefton

Jeffrey Sefton

REAL Broker BC - Okanagan Home Team

+1(778) 235-4501
$499,000
Est. payment /mo
6 Baths
5,150 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $96

Subdivision 710 - Moose Creek

MLS® Listing ID X12242331

Source Cornwall & District Real Estate Board

Property Description

Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 10

Private Pool No


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+1(778) 235-4501

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53 LABROSSE STREET