Size
3207 sqft
Lot size
5866 sqft
Street frontage
-
Possession
-
Price per sqft
$327
Taxes
$4,597 (2023)
Parking Type
-
Style
Two Story
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Description
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.
Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle
Broker: EXP REALTY OF CANADA INC
MLS®#: 40685018
Property details
Parking:
8
Parking type:
-
Property type:
Detached
Heating type:
Electric,
Style:
Two Story
MLS Size:
3207 sqft
Lot front:
91 Ft
Lot depth:
64 Ft
Listed on:
Dec 17, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Living Room | 0.30 x 0.30 ft | |
Main | Kitchen | 0.30 x 0.30 ft | |
Main | Bedroom | 0.30 x 0.30 ft |
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