FOR SALE
$848,000
Expired
$0
69 PRESTON St, West Centre Town
69 PRESTON St
5
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X10297928
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-04 2020-12-31 302 $848,000 - Expired
Property Description
Attention Investors/Renovators. This Row Unit Has Lots Of Potential For A Legal Triplex, Or Legal Retail Store On The Main Floor, And Office Spaces On The Second And Third Floor. Permit Has Been Acquired From The City (For Retail+Shared Office Spaces) And End-Unit Townhome Is Under Construction. Cap Rate (Once Completed) For Commercial Use: 7-8%, Residential: 6%-7%+ Not Including Short Term Rental Possibilities. Buyers To Do Their Own Due Diligence And Research. 12 Min Walking Distance To O-Train. Right Next To Lebreton Flats Which Has Been Approved For Preliminary Master Concept Plan Which Has Plazas, River Front Parks And Retail Possibilities. More Info: Ncc Website Zoning Allows For: Medical Facility, Hotel, Office, Retail, Personal Service Business, Restaurants, And More Dynamic Residential Uses. Room Sizes Are Not Available As Building Hasn't Been Completed Yet., Flooring: Other (See Remarks)
Property Details
Property Type
Att/Row/Townhouse, 3-Storey
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