Exceptional investment opportunity! This legally suited bungalow sits on a prime 50-ft lot with MC1 zoning, offering outstanding flexibility for redevelopment or long-term holding. Featuring separate entrances and generating over $3,000 per month in rental income, this property delivers immediate cash flow with strong upside potential.
Surrounded by infill developments selling for $512.43 per square foot, the area demonstrates proven value and continued growth. Whether you’re looking for a fabulous holding property with stable income or planning your next infill project, this lot presents amazing opportunities in a highly desirable location.
Secure cash flow today and capitalize on future appreciation tomorrow — an investor’s dream with both stability and scalability.
Data was last updated March 4, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$799,400
Min list price:
$269,900
Max list price:
$1,049,900
Avg days on market:
33
Min days on market:
3
Max days on market:
232
Avg price per sq.ft.:
$539.32
These statistics are generated based on the current listing's property type
and located in
Glenbrook. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.