Unlock the potential of this versatile multi-use building, ideal for investors or owner-occupants. The main level features a vacant commercial space with a flexible layout. Complete with a 2-piece bathroom, retail kitchen, and dedicated office/storage space, this level is ready to accommodate two separate businesses or be customized to meet your needs. The lower level offers generous storage space, a 3-piece bathroom, and additional square footage to tailor to your operations. The residential unit, spanning the second and third floors, is currently leased at $1,800/month, providing reliable income. This inviting apartment features three bedrooms, 2 bathrooms, a cozy living room, a dining area, a fully equipped kitchen, and a private balcony a desirable space for tenants or future owner occupancy. Outside, you'll find a detached two-car garage and a large paved parking lot, offering ample parking for both commercial customers and residents. With a CAP rate of 10.57%, this property presents an exceptional investment opportunity. Located in a high-visibility area with strong income potential and multiple revenue streams, it's perfect for entrepreneurs, investors, or small business owners looking to turn real estate goals into reality. (40567075)
Park Street/Pearl Street East
Property Type
Multi-family
Annual Property Taxes
$4,000 (CAD)
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
66 days
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