Prime Investment Opportunity – High Cash Flow, Turnkey Lodging House, Student Rental. Discover an incredible investment in the heart of the city! This fully licensed 19-bedroom, 7-bathroom lodging house is an income-generating powerhouse, ideally located just steps from the university and backing onto a scenic waterfront park. Thoughtfully renovated and fully occupied, this property offers a strong, stable cash flow and is designed for long-term success. Spanning over 6,000 sq. ft. (as per MPAC), the residence is fully furnished and move-in ready, featuring 26 beds, 26 desks, a commercial-grade kitchen with 7 fridges and 3 stoves, plus onsite laundry with 3 stackable washer/dryers. With ramp access and 12 dedicated parking spaces, it caters to a wide range of tenants, including students and young professionals seeking a well-equipped, community-oriented living space. This exceptional investment may qualify for CMHC financing (buyer to verify). Amazing opportunity, call today! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Rental Price Per Month:
$10,000
Zoning:
RD2.2
Exterior Features:
Brick, Aluminum/Vinyl
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Stove, Dryer
Home Style:
Other
Bedrooms:
19
Bedrooms Above Grade:
16
Bedrooms Below Grade:
3
Bathrooms:
7.0
Cooling:
Central air conditioning
Fireplace:
No
Floor finish:
Other, Ceramic/Porcelain
Foundation:
Block
Heating:
Baseboard heaters, Boiler, Electric, Natural gas
# Storeys:
2.0
Lot Details:
100 X 100.38 / 0.23 AC
Lot Features:
Golf course/parkland, Paved Driveway, Finished Driveway, Side Driveway
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