This King City gem presents a unique opportunity in the heart of the town. A beautiful 3337-square-foot bungalow with a 3361-square-foot finished basement, it's an excellent choice for investors, builders, and developers. Four separate entrances create a multifamily layout, with a 2-bedroom and a 3-bedroom unit on the main floor. The finished basement includes two 1-bedroom units, and there's potential to add a 5th unit.Each unit has its own entrance, offering great income potential. The property holds promise for future development and commercial zoning. Existing zoning is Mixed Use Residential. This property is perfect for those looking for an income-generating investment or an opportunity to shape the future of King City. Versatile property with substantial value-ad opportunities. Looking to create wealth? Relocate or start a business? Move family members in with their own unit? Endless Opportunities! Don't miss your chance to buy and hold this remarkable investment.
MLS# | N8042774 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 439 |
Listing Provided By | ANALYST REALTY | BackAtYou |
Bed(s) | 5 |
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Bath(s) | 7 |
Garage | 2 |
Basement | Y |
Province | ON |
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County | King |
City | King |
Postal Code | L7B 1J1 |
Area | York |
Community Name | King City |
Listing VS Median (In King City) | |
Price: $2,599,999 low | high Med: $0 On site: 439 low | high Med: |