Explore exceptional investment potential at 12 Garden Street, Lansdowne, Ontario! Constructed in 1913, this historical property has been extensively renovated in recent years, blending classic charm with modern amenities. It comprises 7 two-bedroom units and 3 one-bedroom units, with 8 units recently upgraded to ensure comfort and style. This property generates a strong net operating income of $136,807.96 annually and is situated on a sprawling 2-acre site. The front lot is nearing approval for severance into two R2-zoned lots, promoting maximum residential density. The rear development benefits from pre-approvals for two buildings with 20 units. Located in the picturesque Thousand Islands region and bolstered by provincial incentives for rapid development, 12 Garden Street offers a prime opportunity for investors and developers seeking a property with both immediate revenue and significant development potential.