53 Labrosse Street, North Stormont
- Bathrooms: 6
- Living area: 5150 square feet
- Added: 2 months ago
- Updated: 1 month ago
- Last Checked: 1 day ago
- Listed by: EXIT REALTY MATRIX
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Listing description
This Other at 53 Labrosse Street North Stormont, ON with the MLS Number x12242331 listed by SIMON BEDARD - EXIT REALTY MATRIX on the North Stormont market 2 months ago at $499,000.
Unique Investment Opportunity - High ROI Potential in Moose Creek. Looking for an exceptional income-generating property? This massive residence in the heart of Moose Creek offers a rare chance to secure a high-return investment. Currently operating as a rooming house, the building features 13 spacious bedrooms and 6 bathrooms, with zoning approval in place for up to 19 residents. Commercial kitchen. Main floor is wheel chair accessible. Laundry room in basement. With projected monthly income ranging between $8,000 and $10,000, this property is ideal for investors seeking strong cash flow. Zoned as a Retirement Residence, it also holds potential for further development or use changes, subject to municipal approval. Please note: sprinkler installation would be required to comply with retirement residence standards. Set on a generous lot and ideally located just minutes from Highway 417, this property offers both convenience and opportunity. Whether you're expanding your portfolio or entering the multi-residential market, this one is not to be missed! Fully furnished. (id:1945)
Property Details
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Nearby Listings Stat Estimated price and comparable properties near 53 Labrosse Street
Active listings
1
Min Price
$499,000
Max Price
$499,000
Avg Price
$499,000
Days on Market
73 days
Sold listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A days
Nearby Places Nearby schools and amenities around 53 Labrosse Street
Maxville Public School
(9.4 km)
15 Alexander St, Maxville
Tagwi Secondary School
(9.7 km)
16750 Hwy 43 R.R. #1, Avonmore
Knox Fine Dining
(0.1 km)
16976 McLean Rd, Moose Creek
Price History
June 24, 2025
by EXIT REALTY MATRIX
$499,000
