Size
-
Lot size
547.01 sqm
Street frontage
N
Possession
Flexible
Price per sqm
-
Taxes
$4,597 (2023)
Parking Type
-
Style
2-Storey
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Description
RENOVATED FOURPLEX on DOUBLE LOT with NEW EVERYTHING. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW 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 (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability.
EXTRAS: 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.
EXTRAS: 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
MLS®#: X8202576
Property details
Parking:
8
Parking type:
-
Property type:
Fourplex
Heating type:
Heat Pump
Style:
2-Storey
MLS Size:
-
Lot front:
28.04 M
Lot depth:
19.51 M
Listed on:
Apr 4, 2024
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