Welcome to 3829/3831 Parkhill Place SW and the many possible opportunities that are here. This M-C1 zoned 50x120 lot has current and future appeal galore. Investors and developers can find a wonderful holding property while plans for redevelopment are made or this property can be a great cash-flow generator if it remains a rental property. There is also the potential for appeal to a multi-generational family wishing to live side by side or those who want to live in a unit and start their rental portfolio and rent out the other side. All this and more in the potential of this property in the coveted community of Parkhill. Minutes from downtown and shopping, these units will always rent in a heartbeat. Currently, the north 2 bedroom main floor unit is rented for $1950/month and the basement suite (illegal) is rented for $1000/month. Tenants are on month to month leases and these units could easily be rented for more. The south unit if currently owner occupied with a studio suite in the basement (illegal) that was rented up till last month for $1000/month. This side has a large master bedroom on the main with an additional 2 bedrooms down. There is a seperate studio apartment (illegal)in the basement as well. The master could be returned to its original 2 bedroom configuration with one wall replacement. Also, this side could easily be rented as one large unit. Both sides have seperate fenced yards with newly painted decking. All new windows, 2015 spray foam/insulation of basement walls. The street has had lovely redevelopment in the past few years and this property could be held short term or long term. Current RPR and professional inspection report available. There are 4 of each appliances that are listed. Total square footage is inclusive of both units.
Data was last updated September 23, 2023 at 12:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,437,000
Min list price:
$219,000
Max list price:
$3,870,000
Avg days on market:
31
Min days on market:
2
Max days on market:
213
Avg price per sq.ft.:
$801.23
These statistics are generated based on the current listing's property type
and located in
Parkhill. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.