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$ 475,000
Est. payment | /mo
1,700 SqFt
$ 475,000
Est. payment | /mo
1,700 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $279
Subdivision 332 - Central
MLS Listing ID X12049922
Annual Tax Amount $2,552
Tax Year 2024
Property Sub-Type Investment
Property Description
Income Property with Expansion Potential 144 Idylewylde Welcome to 144 Idylewylde, a prime investment opportunity offering multiple rental units and excellent income potential. This versatile property features a main-floor apartment with three bedrooms, plus an upper-level unit currently shared by three tenants, generating $1,725 in rental income. Additionally, the basement apartment provides a one-bedroom unit, currently vacant, offering flexibility for new occupancy. A shared laundry area in the basement adds convenience for all tenants. Beyond the main residence, this property includes a large detached garage with an additional vacant unit in the rear, presenting a unique opportunity for expansion. The space could be improved and even integrated into the garage, increasing rental potential. A functioning bathroom, currently winterized, adds to the possibilities for future development. With the potential to generate over $40,000 in annual rental income, this property is a fantastic opportunity for investors looking to maximize returns. Don't miss your chance to enhance and expand an already profitable property! Contact us today for more details or to schedule a viewing!
Location
Province ON
County Niagara
Community 332 - Central
Area Niagara
Interior
Cooling No
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 75.0
Lot Depth 80.0
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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