Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Year built:
1970
(Age: 54)
Total area:
2,619 sq. ft.243 m2
Total Floor Area:
2,619 sq. ft.243 m2
Main Floor Area:
1,379 sq. ft.128 m2
No. Floor Levels:
2.0
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
3.0
(Full:2/Half:1)
Taxes:
$6,147.18 /
2023
Lot Area:
8,776 sq. ft.815 m2
Lot Frontage:
0'0 m
Outdoor Area:
Fenced Yard, Patio(s)
Plan:
35293
Basement:
None
Parking Total/Covered:
6 / 2
Title to Land:
Freehold NonStrata
Central Location, Cul-de-Sac, Private Yard, Recreation Nearby, Shopping Nearby
Data was last updated November 17, 2024 at 12:10 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$2,990,000
Min list price:
$1,998,000
Max list price:
$4,388,000
Avg days on market:
61
Min days on market:
9
Max days on market:
283
Avg price per sq.ft.:
$756.42
These statistics are generated based on the current listing's property type
and located in
Upper Deer Lake. Average values are
derived using median calculations.
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