ON > North Stormont > 710 - Moose Creek
North Stormont, ON K0C 1W0,53 Labrosse ST
North Stormont, ON K0C 1W0,53 Labrosse ST
North Stormont, ON K0C 1W0,53 Labrosse ST
North Stormont, ON K0C 1W0,53 Labrosse ST
North Stormont, ON K0C 1W0,53 Labrosse ST
North Stormont, ON K0C 1W0,53 Labrosse ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 499,000
Est. payment | /mo

6 Baths

5,150 SqFt

Save
$ 499,000
Est. payment | /mo
Save

6 Baths

5,150 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $96

Subdivision 710 - Moose Creek

MLS Listing ID X12242331

Annual Tax Amount $3,850

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Community 710 - Moose Creek

Area Stormont, Dundas And Glengarry

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 105.0

Lot Depth 240.0

Others

Security Features No

ParcelsYN No

Listed by EXIT REALTY MATRIX
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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