4 Bedrooms

2 Bathrooms

1,304 sqft

$939,900

Great Investor/Builder Opportunity on Lodge Road in Lake Country. This 0.457 acre property offers a full Duplex of 2 Bedrooms and 1 Bathroom per side with great rental income already in place of over $3900/month. Property currently on sewer and zoned RU6 with a RM2 Zoning application already through the 3rd reading which will allow multiple dwelling or row housing and this property can add 2-3 more units to be added to the property. So whether you want to build your own residence with an additional 1-2 rental units, or add 3 more rental units to bring you to 5 and over $11,000 in Monthly rental incomes, live in one side of the duplex and rent the other, build two 3 or 4 plex's, or continue to take advantage of great rental income while you plan your development options, there are many options available here on Lodge Road, concept is shown in picture of a 3 unit townhome and the build area. The rezoning to RM2 would require the approval of water to each dwelling from the Alto Utilities private utility provider and pay the fee per unit for water rights(Please inquire for more information with listing agent). All the hard work is already done, and a buyer can take it to the finish line from here, this is a great opportunity for a builder or home owner who wants great rental cash flow while you develop in a great area within walking distance to Rail Trail, Parks and Restaurants on Woodsdale Road, public transit, middle and high-schools, and access to Main street and HWY 97. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10381835
  Property Type	Single Family
  Neigbourhood	Lake Country East / Oyama
  ParkingSpaceTotal	6
  ViewType	City View, Lake View, Valley View, View Of Water

• Building

  Bathroom Total	2
  Bedrooms Total	4
  Architectural Style	Ranch
  Constructed Date	1974
  Construction Style Attachment	Semi-detached
  Cooling Type	Heat Pump, Wall Unit
  Heating Type	Baseboard Heaters, Heat Pump
  Stories Total	1
  Size Interior	1,304 Sqft
  Type	Duplex
  Utility Water	Private Utility

  Parking

  Carport
  R V	2

• Land

  Acreage	No
  Fence Type	Chain Link
  Sewer	Municipal Sewage System
  Size Irregular	0.46
  Size Total	0.46 Ac|under 1 Acre
  Size Total Text	0.46 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Main Level	Bedroom			9'2'' x 8'2''
  Main Level	Bedroom			9'2'' x 8'2''
  Main Level	4pc Bathroom			7'3'' x 4'6''
  Main Level	4pc Bathroom			7'3'' x 4'6''
  Main Level	Living Room			15'8'' x 11'5''
  Main Level	Living Room			15'8'' x 11'5''
  Main Level	Kitchen			11'4'' x 10'4''
  Main Level	Kitchen			11'4'' x 10'4''
  Main Level	Primary Bedroom			11'4'' x 9'3''
  Main Level	Primary Bedroom			11'4'' x 9'3''