53 Labrosse Street, North Stormont, Ontario K0C 1W0

Listed for:
$499,000
0 beds
6 baths
Listed 150 days ago
Multi-Family for rent: 53 Labrosse Street, North Stormont, Ontario K0C 1W0

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Learn more about this property
Listing provided by:
EXIT REALTY MATRIX
MLS® number:
X12242331
Agent:
Simon Bedard
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About

Cross Streets: Valley St. ** Directions: 53 Labrosse St, Moose Creek. Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished. (id:27476)

Property Highlights

MLS® Number
X12242331
Type
Multi-family
Community Name
710 - Moose Creek
Land Size
105 x 240 FT
Parking Space Total
10

Building

Building Type
Multi-Family
Square Footage
5150 sqft
Bathrooms Total
6
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location