view of front of home with stucco siding and a detached garage Features: lawn, outdoor structure, detached garage, fence, electric meter More Photos

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    For Sale - 244 Hannah Street, Vanier and Kingsview Park, Ontario

    Est payment $3,465/mo
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    Views   1
    Time on Jump  89 day

    AI Summary *

    • Legal duplex on a large 50x100 ft lot with R4UA-c zoning.
    • Strong rental income of $55,500/year from two units.
    • Unit 1 offers 3 beds/1 bath, Unit 2 has 4 beds/4 baths.
    • Endless possibilities to rent, renovate, or redevelop the property.
    • Potential for larger lot size with neighboring properties available.




    Fantastic investment opportunity with a strong cap rate! Legal duplex on a large 50x100 ft lot with r4ua-c zoning. Strong rental income with gross operating income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 256, and 258 hannah also available, combine for total lot size of 180x100 ft -- (18000 sq. Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. Property is being sold "as-is, where is". No warranties or representations from the seller.
    Listing IDX12314286
    Address244 Hannah Street
    CityVanier and Kingsview Park, Ontario
    Price$699,000
    Bed / Bath7 / 5 Full
    Style2-Storey, Duplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement Crawl SpaceFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Agency:  ROYAL LEPAGE TEAM REALTY
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    244 Hannah Street
    Vanier and Kingsview Park , Ontario
    7 5 $699,000
    Get more info