Exceptional Cash Flow & Investment Opportunity in the Heart of Tottenham! Situated on a rare 82.5-foot frontage on a large lot along one of Tottenham's busiest Main Street corridors, this high-visibility property benefits from constant vehicle traffic, outstanding exposure, and exceptional long-term investment appeal. With exciting future development and commercial potential (buyer to complete their own due diligence), this is a unique opportunity for investors, developers, or business owners looking to secure a prime location in a growing community. This spacious property features 6 bedrooms and 6 washrooms, offering outstanding versatility for investors or multi-generational families. Currently generating over $70,000 in annual rental income, it provides immediate cash flow with additional upside. The unfinished basement presents an excellent opportunity to create even more rental income or customize the space to suit your needs. Ideally located within walking distance to shops, restaurants, schools, and everyday amenities, this is a rare opportunity to own a high-exposure, income-producing property on a premium Main Street lot with tremendous future upside. Recent upgrades include new windows, roof, interior and exterior pot lights, and many additional improvements. A truly one-of-a kind investment opportunity with income today and exceptional potential for tomorrow. (id:60120)
| MLS® Number | N13568852 |
| Property Type | Single Family |
| Community Name | Tottenham |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Water Heater |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft ,8 In |
| Size Frontage | 82 Ft ,7 In |
| Size Irregular | 82.6 X 105.7 Ft |
| Size Total Text | 82.6 X 105.7 Ft |
https://www.realtor.ca/real-estate/30038944/102-queen-street-s-new-tecumseth-tottenham-tottenham
Contact us for more information
Raman Gill
Broker
(905) 791-7900
(905) 791-8500