




This multi-family in Sydney Mines offers a 0.388 ac lot. The property has lot dimensions of 0.388. The home features hardwood and laminate and carpeted and vinyl flooring, a crawl space basement.
This versatile multi-unit property offers a strong investment opportunity with immediate rental potential and future development options. Currently configured as two units, the building was previously operated as a three-unit property and presents the possibility to expand further by developing the attic space into additional living space. The main floor unit is vacant and ready for occupancy, featuring an expansive layout with two separate living areas, a full bathroom plus a convenient half bath, and electric baseboard heating. A welcoming front foyer with generous closet space opens up to a bright sunporch lined with windows. This level also offers the flexibility to be reconfigured back into two separate units, as originally designed. The upper level consists of a well-maintained two-bedroom apartment, with hot water radiator heating and comfortable living space throughout. From this level, there is access to the unfinished attic, which provides excellent potential for further development. Situated on a double-sized lot with approximately 16000 square feet of yard space, the property offers ample outdoor area and parking. Whether youre looking to expand your rental portfolio, create additional units, or convert the property back into a spacious single-family home, this property delivers flexibility, value, and long-term potential. (id:60351)
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Listed by Jenessa MacInnis, RE/MAX Park Place Inc.
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Listing represented by Jenessa MacInnis, RE/MAX Park Place Inc. · MLS# 202605953
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.