Description

Excellent investment opportunity to acquire a 12-unit condominium building situated on a spacious lot with room to add additional units or construct another building (subject to approvals). Built approximately nine years ago, the property requires some repairs and updates but offers significant upside potential. Investors can choose to maintain it as a 12-unit rental property for steady income or renovate and sell each unit individually for profit. The building backs onto the site of a future golf course, enhancing long-term value, and is located in a revitalizing neighbourhood experiencing new development, infrastructure upgrades, and rising demand - making this a strong value-add opportunity for those seeking growth and appreciation. (id:56844)