223 WATER Street N

About this home.

Great investment opportunity: legal duplex with strong income potential. You can get vacant possession and set your own rents. This up-and-down property includes two units 1-bedroom unit, two bedroom unit plus a possible of a basement in-law suite (currently the son is living there). The upper unit offers a playful loft for extra living . The main level boasts high ceilings, a den/office, and a front and rear entrance. Ample parking behind the house. Conveniently located near the schools, hospital, shopping, and downtown, with nearby parks, river trails, and walking paths for outdoor recreation. Twenty minutes to the 401 and a bus stop directly across the road.? Two Separate Hydro meters A real Money Maker. (id:59491)

The full record.

How this listing prices against City Core/Wellington.

City Core/Wellington had just 1 sale against 17 active listings, so closings are sparse even though there is plenty of inventory on the market. The lone sale closed at $490,000 in 14 days and 98.02% of list, but one transaction is not enough to suggest broad momentum. The bigger story is the listing count, especially with 12 active condos and no condo sales in the period. For now, this looks like a slower pocket where buyers have choice and sellers need patience.

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