Nestled on a charming, tree-lined street in a quiet and friendly neighborhood, this property offers great convenience—just steps from transit, shopping, theaters, top-rated schools, and hiking trails. Currently generating $4,900/month in rental income, it also has the potential to be divided into two units. The nearly 6,000 SF south-facing lot features a 49' frontage and back lane access, with RS-1 zoning and a prime location less than 400 meters from Lonsdale. This property presents exciting future opportunities for subdivision, a coach house, or higher-density development in line with provincial regulations. A rare chance to secure a high-yield investment with strong returns today and exceptional long-term potential!