931 McClure St

Attention investors/developers. 931 McClure is a lovely old character home that has been lovingly maintained by one family for 59 years. This large 5 bed/3 bath home (with additional accommodation) on a 7,500 square foot lot could be renovated and turned into a classic. It could also be used as a holding/investment property and rented with a net potential annual income of approx. 55K/Year (4.1% cap rate) or you can explore the options with the R-K zoning. The lower suite has been freshly renovated and has a separate entrance. This residence has a great layout and features a new gas furnace and a large south facing back yard with a massive sunny deck. Fantastic location on the edge of the vibrant downtown core and close to Cook St Village.