Size
24654 sqft
Lot size
1520.36 sqm
Street frontage
E
Possession
-
Price per sqm
$218
Taxes
$3,447.88 (2023)
Parking Type
-
Style
-
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Description
Welcome To 165 Sydenham St, A Remarkable Duplex Currently Utilized As Five Units, Generating Impressive Rental Income. This "Cash Cow" Property Offers An Attractive Cap Rate Of Over 8%! Situated On A Spacious Over Half An Acre With A 254 Ft Deep, L-Shaped Lot Backing Onto A Ravine With No Rear Neighbours, It Offers Significant Development Potential. The Property Generates $69,720 Annually With One Vacant Unit That Could Increase Your Income To $84,120 Per Year. Additionally, There Is A Detached Heated Workshop That Can Be Used Personally Or Rented Out For Extra Cash Flow. Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities, Shopping, And Public Transit. Whether You're An Investor Or Searching For A Spacious Home With Rental Potential, This Multi-Unit Property Presents An Exceptional Opportunity.
Broker: Rock Star Real Estate Inc., Brokerage
MLS®#: 40608907
Property details
Parking:
6
Parking type:
-
Property type:
-
Heating type:
Forced Air
Style:
-
MLS Size:
205 sqm
Lot front:
19.51 M
Lot depth:
77.72 M
Listed on:
Jun 20, 2024
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