53 Labrosse Street

FOR SALE
$499,000
53 Labrosse Street, North Stormont
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
53 Labrosse Street
Investment
CATEGORY
5,150 Sq Ft
TOTAL AREA
X12242331
MLSID
Contact Us
Property Description
Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished.
Property Details
Address
53 Labrosse Street
Postal Code
K0C 1W0
Property Type
Investment, Investment
Use
Apartment
Zoning
C
Lot Size
105' x 240'
Total Area
5,150 Sq Ft
Acreage
0.6 Feet
Taxes
$3,850 (2024
Heat Type
Baseboard
Water
Municipal
Parking Spaces
10
Garage Type
None
Listing contracted with Exit Realty Matrix
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