Size
-
Lot size
4676 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$243 - $283
Taxes
$3,754.49 (2024)
Parking Type
-
Style
2-Storey
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Description
This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.
Broker: BLUE FOREST REALTY INC.
MLS®#: X12130175
Property details
Parking:
Yes
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
38 Ft
Lot depth:
122 Ft
Listed on:
May 7, 2025
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Instant estimate:
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$37,290
lower than listed pricei
High
$864,817
Mid
$812,610
Low
$790,504
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