1341 Queen Street NE

Description

This Colonial townhouse in the Trinidad neighborhood presents an excellent investment opportunity for savvy buyers. Built in 1937 and owned by the same family for the last 75 years this property combines classic architectural appeal with modern potential, making it a prime candidate for rental income or future resale. Key features include three bedrooms and two full bathrooms, providing ample living space for tenants or future homeowners. The fully finished basement adds significant value, offering additional living or storage space that can be easily converted into a rental unit or recreational area, enhancing overall property appeal. The property is equipped with essential appliances, including a gas oven/range and refrigerator. The hardwood flooring throughout the home adds a touch of elegance while being durable and easy to maintain, appealing to a wide range of potential owners. The detached garage with rear entry provides secure parking and additional storage options, a highly sought-after feature in urban settings that can command higher rental rates. Situated less than a mile from a bus stop and within three miles of a metro/subway station, this property offers excellent transportation access, making it attractive to commuters. The Trinidad neighborhood is known for its community vibe and proximity to amenities, which can enhance ownership. With a modest lot size of 0.05 acres, the property requires minimal upkeep, allowing for a more hands-off ownership approach. The average condition of the home presents an opportunity for cosmetic updates that can significantly increase property value. Investors will appreciate the balance of location, features, and potential returns this property offers. Whether looking to add to a rental portfolio or seeking a property with appreciation potential, this townhouse is a compelling choice in a growing market.