Buy land! and if it happens to come with a huge 1,746 square foot "they don't build them like they used to" bungalow, then you are ahead of the game! 67 x 155 foot lot with TWO full driveways is a rare and wonderful find within the city. It affords you space to expand. The existing house does need a little work and updating. Currently, this massive bungalow is divided into two units. You could easily convert it back into a 5-bedroom single-family home, as that is what it was originally built for, a large family. The current setup is one 2-bedroom unit and one 1-bedroom unit. The city now allows three units on a property, so the potential to add a third unit is high. Rough math basing value on income potential: Unit 1 estimated value $480,000 + Unit 2 est. value $360,000 + Unit 3 est. value $360,000 = $1,200,000.00 subtract $250,000 in renovations = today's value of $950,000. Are you ready to invest in real estate?

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"Based on information submitted to TRREB as of January 14, 2025 7:20 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 17 Heath Road

Property Details

Basic Information

Property

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Basement

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Map Location

Never Miss New Listings

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