$1,950,000
Clarence-Rockland
1380 LAURIER Street, Clarence-Rockland, Ontario, K4K1C7
This 5-bedroom, 5-bathroom home in Clarence-Rockland is for sale. It has been on the market 30 days, fresher than the Clarence-Rockland average of 78 days.
This is a unique investment opportunity on Laurier Street, (Zoned CA3) offering an exceptional combination of residential and commercial space all on one property. Featuring three residential units plus a commercial unit, ample parking, an inground pool, and additional space for potential future development, this property offers plenty of possibilities for investors or owner-occupants.The spacious main residence is a two-storey, four-bedroom home featuring hardwood flooring throughout and beautifully updated kitchen and bathrooms. The primary bedroom is conveniently located on the main level, while upstairs you'll find three generously sized bedrooms and a full bathroom. One of the upper bedrooms also offers its own direct exterior access, adding extra flexibility to the layout.The lower-level apartment has been recently renovated and features two bedrooms along with a modern kitchen and comfortable living space. The upper apartment also offers two bedrooms and a bright open-concept kitchen, dining and living area, with convenient direct access to the outdoors.The commercial space is currently leased to a hair salon and is well configured for its existing use, with room for four hairstyling stations, two washing stations, a kitchenette, and a bathroom.Outside, the property continues to impress with a beautiful inground pool, currently enjoyed by the main residence, as well as plenty of parking to accommodate the residential and commercial occupants. The generous rear portion of the property also provides additional space that may offer future development potential, subject to applicable municipal approvals and zoning.With three residential dwellings, established commercial space, multiple income streams, and a prime Laurier Street location, this is a versatile property with excellent potential for an investor looking to add a distinctive mixed-use property to their portfolio. Rents are $1,900 for upper unit, $1,825 for basement, $2,200 for commercial (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 78 days across the listings currently for sale in this city
This 5-bed single family in Clarence-Rockland has been listed for 30 days, which is 48 days fresher than the city average of 78. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,950,000, about 18.8× the local median household income of $104,000.
Carrying it typically needs a household income of about $380,903 (20% down, 25-yr amortization, stress-tested) — roughly 266% above the area median.
Source: Statistics Canada, 2021 Census (FSA K4K)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.