




This 3-bedroom, 2-bathroom single family in Drayton offers 1,803 sqft of living area. Built in 1928, 2 storeys. The home features forced air, natural gas heating, central air conditioning, a unfinished, full basement.
Welcome to a charming century home with an incredible bonus opportunity in the heart of Drayton! Built in 1928 this two-story red brick beauty is situated on a prime corner lot, with dual access off Main St. and Edward St.. Featuring a perfect blend of timeless character and spacious comfort, this home delivers a further benefit by way of its investment potential. Consider this: It's not only a spacious 3 bedroom 2 bathroom good-looking home that can easily accommodate a growing family; but it's also on a property that offers a further development possibility in one of two ways. First, the lot is configured so that a portion of the property could possibly be severed and sold as a separate residential building lot. Or conversely, the back part of the property, with easy access from Edward Street, could be redeveloped to accommodate a comfortable two bedroom accessory residential unit, offering rental income of $1,800 - $2,200+ per month. This makes an already attractive home and property that much more affordable. Or simply keep the property as it is, knowing that these development possibilities remain to be exercised at a later date. In any case, this character exuding home is definitely worth seeing in person. So give us a call or reach out to your Realtor and book your viewing today. (id:60351)
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Listed by John Zwart, Home and Property Real Estate Ltd.
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Listing represented by John Zwart, Home and Property Real Estate Ltd. · MLS# 40813998
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.