1278 Queen Street

A brilliant opportunity to purchase one of Schmidtville's distinguished Georgian mansions, where executive urban living is enhanced by approximately $95,000 in annual rental income from three self-contained and separate rental suites (1 X 4 Bedroom and 2 X 1 Bedroom units). Enjoy an exceptional family home where you can maintain independent living while significantly offsetting ownership costs, OR maximize the property's income potential by leasing all four units to generate approximately $180,000 in annual gross rental income. The primary residence spans +/- 3,400 sf over three levels, offering six bedrooms, four bathrooms, soaring ceilings, elegant principal rooms, abundant natural light, two offices, rooftop and garden terraces, plus off-street parking for 3-4 vehicles. Fully renovated in 2019 to a high quality standard, this remarkable 6,400 sf property is steps from Spring Garden Road, hospitals, universities and all downtown amenities. (id:53361)