Parkway Park - Queensway Terrace S and Area K2C 0E2 Ontario
MLS: X12951578
Added 13 days ago | For Sale
Listed by: ROYAL LEPAGE INTEGRITY REALTY
Exceptional income producing asset with huge future development potential! Prime 58x100 ft lot in the fast growing Baseline Corridor. Fully tenanted 2-unit dwelling (4-bed 2-full bath each unit) producing $83,373/yearly ($6947 monthly). An excellent cash flowing asset with a $57,927 Net Income. High-demand rental area. You can decide whether you want to keep it operating as a duplex or redevelop in the future. The New Zoning for the property is MS2, allowing high density development up to 20 m height. Ideally located just steps to Algonquin College, College Square, Pinecrest Recreation Centre, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Foyer | 12 ft, 8 in x 5 ft, 2 in | |
| Living Room | 12 ft, 8 in x 12 ft, 2 in | ||
| Kitchen | 16 ft, 2 in x 9 ft, 6 in | ||
| Bedroom | 12 ft, 11 in x 8 ft, 1 in | ||
| Bedroom | 11 ft, 7 in x 9 ft, 1 in | ||
| Bedroom | 13 ft x 8 ft, 1 in | ||
| Bedroom | 12 ft x 10 ft, 4 in | ||
| Basement | Living Room | 19 ft, 2 in x 11 ft, 5 in | |
| Kitchen | 11 ft, 11 in x 8 ft, 11 in | ||
| Bedroom | 11 ft, 1 in x 9 ft, 5 in | ||
| Bedroom | 12 ft, 2 in x 8 ft, 5 in | ||
| Bedroom | 12 ft, 7 in x 8 ft, 11 in | ||
| Bedroom | 12 ft, 7 in x 8 ft, 11 in |
No property rooms available.