Sidebar Fav/

    INCOME + LOCATION + PEACE OF MIND: FULLY RENOVATED & FURNISHED LEGAL TRIPLEX WITH A BONUS GUEST SUITE! Nestled in the heart of a thriving, multicultural community, this remarkable property offers an unprecedented opportunity for large family or multi-generational households. Whether you're envisioning your dream home or a savvy real estate investment, this property is the perfect fit. The versatile floor plans can accommodate varying needs and lifestyles. Savvy investors will appreciate the potential for consistent rental income, with rental demands in this area at an all-time high. Whether you choose to rent to Lakehead University or Georgian College students or short-term tenants waiting for their new home to close, this property offers great returns on investment. Fully furnished with a total of 9 bedrooms, 4 bathrooms and 4 separate laundry facilities, this home provides the space and privacy needed for a multi-generational family or executive tenants. Each bedroom offers a serene retreat, and the bathrooms are tastefully designed for functionality. For investors, this property is a golden opportunity. Its unbeatable location, adaptability, and proximity to Lakehead University and Georgian College ensure steady rental demand and attractive returns on investment. You have the flexibility to choose between executive short-term rentals or international student housing, without the headaches of long-term leases to suit your investment goals. The 1/3 acre property features ample green space and is located steps to the lake & Kitchener Park with a waterfront off-leash dog park, ice rink in the winter, ball diamond, tennis courts, lawn bowling & playground. The property is also conveniently situated near amenities such as the rec center, library, downtown & the hospital. A quick closing is available to maximize the potential for current market rents & ensure a positive cashflow. (id:24093)
    Listed by Peggy Hill of Re/Max Hallmark Peggy Hill Group Realty Brokerage

    Property Details of 508 West Street South

    Property Details

    Interior Features

    Exterior Features

    Utilities and Appliances

    Map Location

    Never Miss New Listings

    Never miss new listings between $1,214,000 - $1,484,000 in this neighborhood
    Successfully Subscribed!
    We will never spam you or sell your details. You can unsubscribe whenever you like.

    "Based on information submitted to CREA as of October 2, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Do not fill in this field:

    Do not fill in this field:

    Do not fill in this field:

    $

    Do not fill in this field: