Attention Developers and Investors! This is a rare opportunity to own a four-plex in the highly coveted inner-city neighborhood of Tuxedo Park, on a MC-1 zoned lot. The property features four self-contained three-bedroom suites. Located within walking distance to key amenities such as transit, grocery stores, schools, parks, restaurants, and also offers quick access to downtown via Center Street. Each bungalow-style unit is self-contained with its own in-suite laundry, hot water tank, furnace, and each unit is individually metered. The upper units are accessed from the front of the building, while the two lower units are accessed from the side. All units have similar floor plans: living rooms at the front of the property leading to dining rooms across from the kitchens. Beyond the kitchens and down a hallway, you will find the mechanical and laundry rooms, a four-piece bathroom, and at the rear of the property, the three bedrooms. Parking is located at the rear of the property, beyond the backyards. The building features new windows throughout and the majority of the suites have been renovated or refurbished. Don’t miss this rare opportunity to own a fantastic revenue property with enormous future development potential.
Data was last updated October 9, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$799,900
Min list price:
$325,000
Max list price:
$1,499,000
Avg days on market:
35
Min days on market:
5
Max days on market:
171
Avg price per sq.ft.:
$529.48
These statistics are generated based on the current listing's property type
and located in
Tuxedo Park. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.