$549,900
Turnkey income property with serious development upside. Fully tenanted detached bungalow generating $3,600/month gross - main floor 3-bed/1-bath ($2,200/mo) + self-contained lower 2-bed/1-bath unit with private side entrance ($1,400/mo). Income from day one. Steps to Baseline LRT Station. Brick exterior, private double driveway, 4 parking spaces. Zoning: R1FF today - N3D confirmed under By-law 2026-50 (up to 12 units / 3 storeys). OLT process underway. Adjoining vacant lot at 28 Donna St, conveying separately via pending severance - this listing is the house parcel only. A patient investor or developer captures both current cash flow and future density value. Late closing available.
Listed by ROYAL LEPAGE INTEGRITY REALTY.
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| MLS®: | X13047064 |
| Type: | Detached |
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Square Feet: | 700 sqft |
| Lot Size: | 527 sqft |
| Frontage: | 20.45 ft |
| Depth: | 20.71 ft |
| Taxes: | $4,687.53 (2025) |
| Parking: | 4 Other |
| Basement: | Separate Entrance, Apartment |
| Year Built: | 5199 |
| Style: | Bungalow |