Size
-
Lot size
170.94 sqm
Street frontage
N
Possession
Flexible
Price per sqm
-
Taxes
$4,126.34 (2024)
Parking Type
-
Style
2-Storey
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Description
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) intrendy Corktown steps to public transit, GO Station, mountain access & James Street amenities. Buildingcurrently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 + hydro, Lower Unit:$1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20% downat a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features anew furnace, newer roof, luxury vinyl plank flooring, quartz countertops and stainless steel appliances. Eachunit boasts large floor plans with great flow. Upper unit is complete with soaring ceiling heights, exposedbrick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additional privatepatio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units areoccupied by single tenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unitpurchase***. Book your showing today! VACANT POSSESSION OF BASEMENT UNIT AS OF DEC 1ST, 2024.
EXTRAS:
EXTRAS:
Broker: REVEL REALTY INC.
MLS®#: X10432413
Property details
Parking:
2
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
6.1 M
Lot depth:
28.04 M
Listed on:
Nov 21, 2024
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Instant estimate:
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$66,221
lower than listed pricei
High
$819,821
Mid
$793,679
Low
$763,918
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