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Key Facts
Key facts for 508 West St S
Property Type
Apartment, Bungalow-Raised
Parking
None 0 garage, 12 parking
MLS #
S6675440
Size
2500-3000 sqft
Basement
Finished,Full
Listed on
2023-07-18
Lot size
59 x 264.00
Tax
$6,725.26 /yr
Days on Market
661
Approximate Age
51-99
Maintenance Fee
-
Description
INCOME + LOCATION + PEACE OF MIND: FULLY RENOVATED & FURNISHED LEGAL TRIPLEX WITH A BONUS GUEST SUITE! This versatile property, nestled in a thriving multicultural community, offers a unique opportunity for large families or investors. Fully furnished with 9 bedrooms, 4 bathrooms & 4 laundry facilit...ies, it's perfect for multi-generational living or executive tenants. Investors will appreciate the high rental demand in this area, whether for students from Lakehead University or Georgian College, or flexible short-term professional tenants. The property's adaptability, unbeatable location & proximity to key amenities ensure attractive returns. You can choose between short-term rentals or international student housing without the headaches of long-term leases. The impressive 1/3 acre property boasts ample green space, steps to the lake, Kitchener Park & various recreational amenities. Quick closing options are available for maximizing rental income & positive cash flow.
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