$550,000
7072 340 Highway
Beds
6
Baths
3
Sqft
—
Year
1963
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
This impressive three-unit property offers space, versatility, and excellent income potential. The main house stands separately and features three bedrooms, one bath, a large covered deck, and an enclosed sunroom, creating the perfect blend of comfort and charm. A partially fenced yard makes it ideal for children or pets to enjoy safely. Behind the main home, youll find an up-and-down duplex that adds even more opportunity. The brand-new lower unit is bright, fresh, and completely move-in ready, while the upper unit exudes warmth and character with its wood ceilings and stylish furnishingsall included in the sale. With its inviting design, the upper unit would make an excellent Airbnb or long-term rental. This property is perfectly suited for multi-generational living, offering privacy and flexibility for extended families, or it can serve as a smart investment where you live in one unit while the other two help pay your mortgage and generate cash flow. Rarely does a property come along that blends lifestyle, functionality, and investment so seamlessly. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Weaver Settlement
- Common interest
- Freehold
- Living area
- 1,240 square feet
- Lot size
- 2.18 acres
- Lot dimensions
- 2.18
- Bedrooms
- 6 above grade, 0 below grade
- Stories
- 1
- On market
- Apr 7, 2026
- Status changed
- Apr 14, 2026
- Photos
- 46
- MLS#
- 202606424
- Area
- WEAVER_SETTLEMENT
Features and systems
Parking
Basement
Appliances
Cooling
Exterior
Flooring
Foundation
Cash on cash
-6.37%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,915
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Weaver Settlement. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.