Property Description

Versatile mixed use property offering strong income potential and excellent flexibility, featuring two residential units, one commercial space and one storage unit. The owner pays hydro for all units except the commercial space, which contributes toward taxes, while all units benefit from separate hot water tanks installed in 2023 and 2024. One residential unit was completely redone in 2025 with new insulation and cosmetic updates and offers two bedrooms, one bathroom and in unit laundry, while the second residential unit was renovated within the last 15 years and also features two bedrooms, one bathroom and in unit laundry, with both units including additional storage areas. The basement is occupied by a storage tenant with a washroom. Major upgrades include a new tin roof with added insulation, a refreshed facade for improved curb appeal and the installation of multiple support beams providing additional structural reinforcement to the second floor. The commercial space was previously operated as a restaurant and remains fully set up for food service, offering excellent storefront exposure and a handicap accessible entrance ramp. This property is an ideal opportunity for investors seeking multiple income streams or entrepreneurs looking to bring their business to life while benefiting from residential rental support income. (id:7434)