Property Information:
Stylish Income Property in Coveted Exhibition Park. Nestled within one of the city's most prestigious, tree-lined neighbourhoods, this property is anchored by a thoughtfully renovated legal duplex offering both flexibility and financial strength. The upper 3-bedroom and lower 2-bedroom units present a combined income potential of approximately $4,750 per month, allowing you to offset costs or generate steady cash flow from day one. With vacant possession available, new market rents can be set immediately - ideal for investors or owner-occupiers alike.Set on a flag-shaped lot spanning 98' frontage by 129' depth, the home sits directly across from a brand-new park-perfect for families and refined outdoor living. Just 500 m away, Exhibition Park provides expansive green space, scenic trails, and lively community events, while nearby schools offer International Baccalaureate (IB) programs, blending top-tier education with family lifestyle. Beyond its turnkey duplex, this rare property also presents future development potential: retain the existing structure and sever a second lot, or pursue plans for two attached single-family homes, each designed as multi-unit dwellings. Combined with the duplex, the site could accommodate up to seven premium units in total, appealing to both investors and developers.With trees already cleared and extensive due diligence completed, the property offers a ready canvas to bring your vision to life-whether as a sophisticated income property, a custom estate, or a boutique multi-unit development. In a neighbourhood defined by stunning luxury homes and timeless charm, this is a once-in-a-generation opportunity to live, build, and invest in Exhibition Park. (id:27)
Building Features:
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Style:
Duplex
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Building Type:
Duplex
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Architectural Style:
Bungalow
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Basement Type:
N/A, N/A
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Exterior Finish:
Brick
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Floor Space:
700 - 1100 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Water softener, Dishwasher, Dryer, Stove, Washer, Refrigerator
