Great Investor/Builder Opportunity on Lodge Road in Lake Country. This 0.457 acre property offers a full Duplex of 2 Bedrooms and 1 Bathroom per side with great rental income already in place of over $3900/month. Property currently on sewer and zoned RU6 with a RM2 Zoning application already through the 3rd reading which will allow multiple dwelling or row housing and this property can add 2-3 more units to be added to the property. So whether you want to build your own residence with an additional 1-2 rental units, or add 3 more rental units to bring you to 5 and over $11,000 in Monthly rental incomes, live in one side of the duplex and rent the other, build two 3 or 4 plex's, or continue to take advantage of great rental income while you plan your development options, there are many options available here on Lodge Road, concept is shown in picture of a 3 unit townhome and the build area. The rezoning to RM2 would require the approval of water to each dwelling from the Alto Utilities private utility provider and pay the fee per unit for water rights(Please inquire for more information with listing agent). All the hard work is already done, and a buyer can take it to the finish line from here, this is a great opportunity for a builder or home owner who wants great rental cash flow while you develop in a great area within walking distance to Rail Trail, Parks and Restaurants on Woodsdale Road, public transit, middle and high-schools, and access to Main street and HWY 97. (id:47466)
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" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
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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" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.