Quick Summary
Quick Summary
- Prime location in the heart of Little Italy
- Convenient access to LRT, Lebreton, Dows Lake
- Vibrant and culturally rich neighborhood
- Separate units with separate hydro meters
- Potential for rental income and future development
- Attractive prospect for long-term growth
- TM Zoning allows for mixed-use development
- Same owners for 40 years
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich... Show More
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years.
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Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bath 4-Piece
4′11″ x 7′2″
Bath 4-Piece
5′0″ x 11′0″
Foyer
11′10″ x 5′7″
Bedroom
8′5″ x 13′7″
Bedroom
12′0″ x 11′8″
Living Rm
11′9″ x 14′10″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
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For Sale Nearby
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Sold Nearby
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