38 St Paul

An exceptional investment opportunity with unlimited potential! This unique commercial/multi-family property is currently operating with both long-term and short-term rental income through platforms such as Airbnb, Expedia.ca and Booking.com, generating income from day one. The first floor features 11 bedrooms, a full kitchen, dining room, spacious common areas including living room spaces (could easily be converted into additional rental areas or customized for other uses) offices, storage space, shower room and additional bathroom facilities. The dining room also offers direct access to a nice backyard space, adding even more appeal for guests or tenants. The second floor offers 9 additional bedrooms, all with private bathrooms, along with storage space. The basement is currently being used for storage. The property is equipped with 2 heat pumps as well as hot water heating. Whether you are looking to expand your investment portfolio, operate a boutique hotel, create a residence, senior living concept, retreat center, workforce housing or explore countless other business opportunities, this property offers the space, layout and flexibility to bring your vision to life. See photos of the floor plan layout for additional details and room distribution. A rare and versatile property with strong income potential and tremendous room for growth! Square Footage: 1st Floor 6125 sqft 2nd Floor 3521 sqft Basement 1357 sqft (id:53361)