Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 3 |
Financials
Price:C749,900
($533,300)
(€462,800)
Annual Taxes:C5,369.90
78 Ritchie Street is a mechanics dream investment property !
Description
78 Ritchie Street is a mechanics dream investment property!! A unique opportunity to own a custom built non-conforming duplex with potential to convert back into a spacious multi-generational high ranch bungalow in a desirable central west location close to public transit, shopping, restaurants, movie theatres, schools and everyday amenities. This versatile property offers excellent potential for investors, owner occupants or buyers seeking additional income opportunities. Both the upper and lower units feature 2 bedrooms and 1 full bathroom with functional layouts, laminate flooring throughout and large windows that fill the spaces with natural light. The property offers comfortable living arrangements with flexibility for extended family or tenants. A standout feature is the impressive commercial grade double garage designed for hobbyists, contractors, mechanics or small business use. The garage includes its own wood furnace heating system, hydraulic car hoist, commercial grade door openers and a convenient 2 piece bathroom. Three 50 amp outlets are already installed making the space ideal for EV charging, workshop equipment or heavy duty tools. The garage also offers approximately 12 foot high storage capacity providing excellent room for vehicles, equipment or recreational storage. A wood electric combination furnace services the main house along with separate baseboard heating in the basement. Extensive fireproofing has been completed with 5/8 fire rated drywall throughout the basement ceiling for added peace of mind. A shared 60 gallon hot water tank services both units while the garage benefits from its own 100 amp electrical service. Central air conditioning services the upper unit and the alarm system currently operates within the garage area. A rare property combining residential flexibility, income potential and exceptional commercial grade garage space in a convenient and accessible location with endless possibilities! Never flooded.
Amenities
- Accessory Apartment
- Auto Garage Door Remote
- In-Law Capability
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.