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Key Facts
Key facts for 12 Ontario Street W
Property Type
House, 1 1/2 Storey
Parking
None 0 garage, 6 parking
MLS #
W12006916
Size
1500-2000 sqft
Basement
Partially Finished
Listed on
2025-03-07
Lot size
61 x 100.06
Tax
$5,481 /yr
Days on Market
166
Approximate Age
-
Maintenance Fee
-
Description
Prime location- Just one house away from the main road in the village. 3 out of the 4 suites are vacant, providing flexibility for new leases and great income. 2 detached homes side by side available at 12 and 16 Ontario St. W. with slightly over 60 foot frontages from the same owner in the centre o...f Streetsville. Walking distance to Go Station, businesses, shops, pubs, & amenities. Upcoming plans for Cenre Plaza one block away will enhance the desirability & value of the 2 properties. Both homes feature 2 separate suites each. Only 1 out the 4 suites is rented and is in 12 Ontario and is smaller upper floor, on the month to month basis. 12 Ontario St W. previously served as a lawyer's office with living quarters upstairs, showing the potential for mixed-use. Investment Potential: With 2 rental units in each of the side by side homes, investors can collect rent from each unit, generating great revenue. Can potentially convert the 2 properties into a larger residential complex, or mixed-use development and the new more lenient building rules will suit the growing needs of the village. There are indeed numerous possibilities for this amazing property in such an ideal location
