189 PRESTON

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Description

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. (id:39198)

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Additional media

https://www.myvisuallistings.com/vt/346121

Property taxes

$4,235.00 per year / $352.92 per month

Basement

Partially finished, Full

Year build

1930

Type

Single Family

Bedrooms

4

Bathrooms

2

Parking spots

3 Total

Floor

Hardwood, Mixed Flooring

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Natural gas

Fire place(s)

-