9
244 Hannah Street
$699,000 Sale
Listed 19 days ago
· 7
· 5
· 6
· 1100-1500
Listing History
Buy/Sell/Terminated/Expired listing history for 244 Hannah Street
Key Facts
Key facts for 244 Hannah Street
Property Type
Apartment, 2-Storey
Parking
Detached 2 garage, 6 parking
MLS #
X12314286
Size
1100-1500 sqft
Basement
Crawl Space
Listed on
2025-07-28
Lot size
50 x 100.0
Tax
$4,952 /yr
Days on Market
21
Approximate Age
-
Maintenance Fee
-
Description
Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive).... Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood.
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Courtesy of: ROYAL LEPAGE TEAM REALTY