$ 499,000
-
$499,000
Price -
0
Bed -
6
Bath -
5,150
SqFt
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About the Listing 479900 -
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.
Listing Highlights for 53 Labrosse St
Status
Active
Days on Site
77
Property Type
Commercial Sale
MLS ®
X12242331
Year Built
Total Square Footage
5,150
Lot/Acreage
0.58
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,850
- Taxes w/Assessments: N/A
- Tax/Property ID: 601180412
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
53 Labrosse St North Stormont, ON K0C 1W0
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