29 Shannon Street sits on a rare 40 x 118 lot with a scale and layout that is getting harder to find in the city. This is a true two and a half storey property with a private drive, parking for approximately six vehicles, and serious long term upside for an end user, investor, or multigenerational family setup.
The current configuration offers two large self contained living spaces. The upper portion features a sprawling third floor with three oversized bedrooms that could easily be redesigned into an incredible primary retreat with a large ensuite while still maintaining an additional bedroom. The second floor includes a full kitchen, living and dining areas, two more bedrooms, and a bathroom, creating an expansive upper unit with flexible family functionality.
The main floor operates as another full suite with its own kitchen, living and dining rooms, two bedrooms, and a bathroom, making the property ideal for duplex living, rental income, or extended family arrangements.
Both basements are already dug down and remain unfinished, creating a major value add opportunity. There is potential for additional apartment units, subject to approvals, for a buyer looking to maximize the property’s income potential.
Outside, the lot continues to impress. The oversized rear yard includes a detached shed structure that could potentially be converted into a future garden suite. Combined with the private drive and extensive parking, the property offers a combination of land, flexibility, and redevelopment potential that is extremely uncommon.
To add even more value, architectural drawings for a future expansion have already been completed, giving a buyer the opportunity to further enhance or scale the property without starting the planning process from scratch.