3102 - Manor Park Homes with 16-30 Approx Age

3102 - Manor Park Homes with 16-30 Approx Age

Welcome to the charming neighborhood of Manor Park, nestled in the heart of Cardinal Glen, Ontario. This picturesque community offers a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

Manor Park boasts a unique charm with its tree-lined streets, inviting parks, and vibrant community spirit. The neighborhood is characterized by homes that are approximately 16 to 30 years old, showcasing a variety of architectural styles that reflect the evolution of modern living. These residences often feature spacious layouts, well-maintained yards, and thoughtful designs that cater to both comfort and functionality.

The area is well-equipped with essential amenities, including grocery stores, schools, and recreational facilities, ensuring that residents have everything they need within a short distance. Families can take advantage of nearby parks and playgrounds, perfect for outdoor activities and community gatherings. The local schools are known for their dedicated staff and strong academic programs, making Manor Park an attractive choice for families with children.

For those who enjoy the great outdoors, the proximity to scenic trails and green spaces offers endless opportunities for hiking, biking, and leisurely strolls. The community’s commitment to maintaining its natural beauty is evident in the well-kept parks and gardens that dot the landscape.

With its welcoming atmosphere, convenient location, and beautiful homes, Manor Park is not just a place to live; it’s a place to thrive. Discover the charm of this wonderful neighborhood and see why so many are proud to call it home!

Newest 3102 - Manor Park Homes with 16-30 Approx Age

$3,595,000
X12901784 MLS
Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome.

3 Claremont Drive, Manor Park - Cardinal Glen And Area

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