Stone exterior with a tile roof, double entry doors, exterior staircase with metal railings, and a flagstone pathway
$2,488,800
MLS® R3172526
9
Bedrooms
9
Bathrooms
2,535
Sq Ft
Not your typical income property. Custom-built by the owner/builder for himself, this exceptional QE Park residence reflects an uncompromising commitment to quality, longevity and timeless design. Multiple income-generating micro-suites provide diversified revenue, while premium materials and meticulous craftsmanship set this property apart. Features include Venetian plaster, granite and porcelain finishes, triple-glazed Krypton windows, rainscreen construction, superior soundproofing, double insulation and a 50-year steel roof. Current net income approx. $98,500 with potential to reach $118,800—approximately a 4% cap rate with upside to 4.75%. A rare combination of classical design, thoughtful engineering and durable construction. Owner-builder retiring. By appointment only.
Listed by Amrit Sidhu - PREC, Sutton Group - Supreme Realty Corporation
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