306-450-5243 866-773-5421
54
$799,900 Sale
Listed 93 days ago
2216 Lorne STREET
· 2
· 6
· 6
· 4907
Key Facts
Key facts for 2216 Lorne STREET
Property Type
House
Parking
Parking Spaces , 6 parking
MLS #
SK043631
Size
4907 sqft
Basement
Full Basement,Fully Finished
Listed on
-
Lot size
-
Tax
$6,761 /yr
Days on Market
-
Year Built
1939
Maintenance Fee
$ 0 /mo
Description
• MIXED-USE OPPORTUNITY • 3 CONDO-TITLED LEVELS • 6-7 POTENTIAL UNITS • PRIME CENTRE SQUARE LOCATION • FLEXIBLE ZONING • AMPLE PARKING • Position your business for success while creating multiple income streams with this renovated mixed-use property, just south of the downtown core and steps to Co...llege Ave. Offering exceptional flexibility, this three-storey building with a full basement has been condominiumized into separate titled main, second and third levels, each with its own electrical and natural gas meters. There are six self-contained units, and a small office on the main floor that could be a seventh rental space. Each unit (with the exception of the office) features its own private entrance, kitchen, laundry and bathroom, allowing for a wide range of residential and/or commercial applications. Whether you’re envisioning boutique short-term or long term accommodations, professional offices, studio spaces or a combination of uses, this property offers outstanding versatility. The paved rear lot provides ample on-site parking for tenants, customers & guests. The flexible zoning allows numerous permitted uses including dwelling units, bed & breakfast, day care, nursery schools, social service homes and supportive living homes, while additional discretionary uses include offices, art galleries, personal service establishments, restaurants, licensed dining or cocktail rooms, apartment developments, seniors’ assisted living, private schools, religious institutions, recreational service facilities, confectionary stores & house-form commercial. An ideal opportunity for an owner-occupier to operate a business on one level while generating revenue from the remaining suites, or for investors seeking a unique income-producing property with exceptional redevelopment and future growth potential. The main floor & lower level combined would also make an excellent residence. There is also the option to convert to a single title for tax savings if desired.
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Listing courtesy of: Century 21 Dome Realty Inc.