Size
-
Lot size
333.89 sqm
Street frontage
N
Possession
Flexible
Price per sqm
$2,769 - $3,226
Taxes
$5,682 (2023)
Parking Type
-
Style
3-Storey
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Description
This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.
EXTRAS:
EXTRAS:
Broker: ROYAL LEPAGE BRANT REALTY
MLS®#: X9367819
Property details
Parking:
Yes
Parking type:
-
Property type:
Fourplex
Heating type:
Radiant
Style:
3-Storey
MLS Size:
279-325 sqm
Lot front:
10.06 M
Lot depth:
33.22 M
Listed on:
Sep 24, 2024
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Instant estimate:
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$54,772
lower than listed pricei
High
$899,530
Mid
$845,228
Low
$822,234
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