$1,225,000
3-Bed
2-Bath
Listed on 10/4/24
Listed by SUTTON GROUP - SUMMIT REALTY INC.
Prime location- Just two houses away from the main road in the village and vacant. 3 our of the 4 suites are vacant, providing flexibility for new leases and great income. 2 detached homes side by side available at 12 and 16 Ontario St. W. with slightly over 60 foot frontages from the same owner in the centre of Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Cenre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. 16 Ontario St W is vacant. 12 Ontario St W previously served as a lawyer's office with living quarters upstairs, showing the potential for mixed-use. Investment Potential: With 2 rental units in each of the side by side homes, investors can collect rent from each unit, generating great revenue. Can potentially convert the 2 properties into a larger residential complex, or mixed-use development and the new more lenient building rules will suit the growing needs of the village. There are indeed numerous possibilities for this amazing property in such an ideal location
Buy both homes side by side 12 and 16 Ontario St W from the same owner and build something very special!
W9382973
Detached, Bungalow
10
3
2
6
Central Air
Apartment, Sep Entrance
N
Other
Forced Air
N
$4,980.00 (2024)
100.15x60.09 (Feet) - Flat lot- 2 homes for sale side by side