Tom Gerard

$6,175,000

0.2 Acres

Canada

Attention Investors & Developers: Architecturally distinctive heritage-style rental building. Originally a church rectory, it now offers stable income with significant development upside. This 3-storey, 12-unit property features character-filled suites with high ceilings, large bedrooms, hardwood and tile flooring, open-concept layouts, and abundant natural light. An approved development agreement allows for the addition of up to 42 residential units, while maintaining income from the existing building. A rare opportunity to acquire a well preserved heritage asset with immediate cash flow and future redevelopment potential.