21025 Lakeridge Rd

SEVERANCE APPLICATION is already Submitted to the CITY OFFICIALS to make this Property into 2 separate properties. DON'T MISS THIS RARE OPPORTUNITY FOR BUILDERS/DEVELOPERS/INVESTORS. 2 DETACHED PROPERTIES SITUATED ON 1.6 Acres, WITH 3 SELF CONTAINED UNITS. Also 2nd Property SEVERANCE is Highly Possible as there is already 2 detach Homes on this 1.6 Acre Land. Property Zoning is HR-3 and this zoning is allocated for further growth therefore 2nd Property Severance is Possible. This Property has 2 Different Mail Boxes, 2 Separate Street Entrances,2 Gas Meters, 2 Hydro Meters. Buyer & Buyer Agent to verify all measurements and Severance Information. Currently The 3 Units Are Rented For $2500 For 3 Br Unit, $2100 For 2Br , $1947 For 2Br Bungalow; Total Monthly Rent Of $6500 Or $78,000 Yearly Rent. Do your Own Due Diligence. Zoning Letter & Severance Application Pre-Consultation Notes from the CITY OFFICIALS are included in the ATTACHMENTS.Total 3 Units on the Property; 3 Laundry Rooms, 2 Street Entrances. Tankless Hotwater System 2022, 2A/C (2002), Roof 2021, New Paint 2022. Tankless hotwater & A/C Are On Payment Plan.