Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$200 - $240
Taxes
$2,043.89 (2025)
Parking Type
-
Style
2-Storey
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Description
Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244.
Broker: RE/MAX AFFILIATES MARQUIS LTD.
MLS®#: X12437833
Property details
Parking:
No
Parking type:
-
Property type:
Fourplex
Heating type:
Other
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
37 Ft
Lot depth:
54 Ft
Listed on:
Oct 1, 2025
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Instant estimate:
orto view instant estimate
$1,490
higher than listed pricei
High
$640,027
Mid
$601,390
Low
$585,030
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