48883

$299,900

Details

  • $299,900
  • Bank Foreclosure
  • Detached , Detached - Bungalow
  • Size: 836 Sq Ft.

A Bank Foreclosure is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.Location, location, location! Rare opportunity to own this inner city property in Highland Park! Zoned MC-1. With a frontage of 57′, there is the potential to build multiple units or a spacious home. Located one block from Centre Street and the major transit route to downtown. Upper unit has 2 bedrooms with kitchen, living room and bathroom. Self contained lower unit has an illegal suite with 2 bedrooms, kitchen, living room and bathroom. Separate laundry for each unit. The potential for revenue generation or development awaits! Note: this price reflects primarily land value. (25381117)

Notes: Location, location, location! Rare opportunity to own this inner city property in Highland Park! Zoned MC-1. With a frontage of 57′, there is the potential to build multiple units or a spacious home. Located one block from Centre Street and the major transit route to downtown. Upper unit has 2 bedrooms with kitchen, living room and bathroom. Self contained lower unit has an illegal suite with 2 bedrooms, kitchen, living room and bathroom. Separate laundry for each unit. The potential for revenue generation or development awaits! Note: this price reflects primarily land value. (25381117)

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