26
150 MEADOWLANDS DRIVE W
$979,900 Sale
Listed 1 hour
· 4+4
· 3.5
· 7
· 1100 - 1500
Key Facts
Key facts for 150 MEADOWLANDS DRIVE W
Property Type
House, House
Parking
Garage: Yes, 7 parking
MLS #
X12408746
Size
1100 - 1500 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Amazing cash-flowing investment with outstanding future development potential! This spacious bungalow with a legal secondary unit sits on a prime 75ft x 120ft corner lot, currently grossing $6,800/month from two 4-bed, 2-bath units. The upper level has been beautifully renovated, featuring 4 generou...s bedrooms (including one with a 2-piece ensuite), a stylish modern kitchen, a large 5-piece bathroom, in-unit laundry, and bright open living space. The legal lower level unit offers 4 well-sized bedrooms, two stunning 4-piece bathrooms, and a sleek open-concept layout with high-end finishes throughout. Both units are highly desirable and very easy to rent, with excellent tenants already in place. Located within walking distance to Algonquin College, the future LRT, and College Square, with bus service right at your doorstep, this property offers unbeatable accessibility. Beyond the strong cashflow, the newly proposed Minor Corridor 2 (CM2) zoning unlocks incredible development potential permitting a 4-storey building with a footprint of 5,500+sqft. and the opportunity to create over 25,000 sqft. of living space. This is a rare chance to secure steady income today while planning for exceptional future returns! (id:10452)
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Room Types
Bathroom
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Bathroom
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37.3 sqft
Bedroom
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Listing courtesy of: EXP REALTY
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