53 Labrosse St

For Sale 119 Days
$499,000
beds
6 baths
5,150 Sqft

53 Labrosse St

For Sale 119 Days
$499,000
beds
6 baths
5,150 Sqft

Highlights

Key insights

Description

Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished. (id:63267)

SIMON BEDARD of EXIT REALTY MATRIX,
#X12242331
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters
Exterior
  • # parking spaces
    10
Interior
  • # full baths
    6
  • # total bathrooms
    6.0
Location
  • Subdivision
    710 - moose creek
Overview
  • Lot size (acres)
    0.0
  • Building size
    5150
  • Listing #
    X12242331
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28514018/53-labrosse-street-north-stormont-710-moose-creek
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-1,331

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes