Incredible investment opportunity in the desirable Leckie Park/Highland neighbourhood of Stoney Creek! This spacious 6-bedroom, 2-bathroom home sits on a large 77 x 132 ft R1-zoned lot, offering significant development potential. Possibility to sever the lot, explore future multi-unit development, or utilize the property under the CMHC MLI Select program for up to five units (buyer to verify). The garage and basement offer conversion potential for an additional dwelling unit. Currently occupied with strong rental income: Unit 1: $2,562.50/month (increasing Aug 1 by 2.5%) Unit 2: $2,626.56/month Ideal for investors seeking cash flow with upside, or developers ready to unlock the land’s full potential. Convenient location near schools, parks, amenities, and major routes. Full tenant details available upon request. (id:4069)
Address
250 HIGHLAND Road W
List Price
$1,100,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Area
Ontario
Sub-Area
Stoney Creek
Bedrooms
6
Bathrooms
2
Floor Area
2,270 Sq. Ft.
Year Built
1965
MLS® Number
40725384
Listing Brokerage
EXP Realty
Basement Area
Full (Unfinished)
Postal Code
L8J3T7
Zoning
R6
Site Influences
Park, Schools
Features
Crushed stone driveway
