Size
-
Lot size
-
Street frontage
W
Possession
Immediate
Price per sqm
-
Taxes
$6,412.79 (2023)
Parking Type
Other
Style
3-Storey
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Description
This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you dont want to miss!
EXTRAS: Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
EXTRAS: Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
Broker: KELLER WILLIAMS REFERRED URBAN REALTY
MLS®#: X9353133
Property details
Parking:
12
Parking type:
Other
Property type:
Other
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
+465 sqm
Listed on:
Sep 17, 2024
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Instant estimate:
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$12,446
higher than listed pricei
High
$805,861
Mid
$762,446
Low
$697,702