Incredible investment opportunity in the desirable Leckie Park/Highland neighbourhood of Stoney Creek! This spacious 6-bedroom, 2-bathroom home sits on a large 77 x 132 ft R1-zoned lot, offering significant development potential. Possibility to sever the lot, explore future multi-unit development, or utilize the property under the CMHC MLI Select program for up to five units (buyer to verify). The garage and basement offer conversion potential for an additional dwelling unit. Currently occupied with strong rental income: Unit 1: $2,562.50/month (increasing Aug 1 by 2.5%) Unit 2: $2,626.56/month Ideal for investors seeking cash flow with upside, or developers ready to unlock the land’s full potential. Convenient location near schools, parks, amenities, and major routes. Full tenant details available upon request. (id:7434)
Property Attributes
ID#40725384
Type Single Family
City Stoney Creek
Neighbourhood 504 - Leckie Park-Highland
Postal Code L8J 3T7
Style2 Level
Year Built1965
Price$ 1,100,000
Bedrooms 6
Bathrooms 2
Half Bathrooms 0
Sqr Footage2270
Data Source:
Canadian Real Estate Association (CREA)
Building Fireplace Present
False
Building Heating Type
Forced air
Building Heating Fuel
Natural gas
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Construction Style Attachment
Detached
Land Amenities
Park,Schools
Sewer
Municipal sewage system
Exterior Finish
Brick