Size
-
Lot size
1622 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$185 - $247
Taxes
$2,139 (2025)
Parking Type
-
Style
2-Storey
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Description
Cash-flowing investment opportunity! Fully occupied and generating $50,148 in annual gross rental income, this turnkey investment property delivers immediate cash flow from closing. With six furnished rental rooms currently producing $4,179 per month, approximately $16,311 in annual operating expenses, and an estimated Net Operating Income of $33,837 per year (before owner-specific expenses), this is an outstanding opportunity for investors seeking reliable, proven returns. Designed for consistent rental demand, the property features six furnished bedrooms, two full bathrooms, spacious shared living areas, and a beautifully renovated kitchen completed in 2024. Recent improvements include a new front door and frame (2026), newer refrigerators, updated appliances, and numerous mechanical upgrades completed over recent years, making this a true turnkey investment. All six furnished rooms are currently rented, with monthly rents ranging from $665 to $717. The seller advises there has been only one month of vacancy since April 2024, demonstrating strong occupancy and consistent rental performance. Whether you're expanding your investment portfolio or purchasing your first income property, this is a rare opportunity to acquire a well-maintained, income-producing asset with immediate cash flow.
Broker: RE/MAX AFFILIATES MARQUIS LTD.
MLS®#: X13042138
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
29 Ft
Lot depth:
55 Ft
Listed on:
Apr 24, 2026
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Instant estimate:
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$26,686
lower than listed pricei
High
$359,936
Mid
$343,314
Low
$325,835
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