Size
-
Lot size
506.32 sqm
Street frontage
W
Possession
Immediate/Flex
Price per sqm
$5,065 - $6,317
Taxes
$5,012 (2023)
Parking Type
Detached Garage
Style
2-Storey
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Description
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!
EXTRAS:
EXTRAS:
Broker: RE/MAX ABOUTOWNE REALTY CORP.
MLS®#: X9038471
Property details
Parking:
10
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
186-232 sqm
Lot front:
15.24 M
Lot depth:
33.22 M
Listed on:
Jul 16, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 0.9 x 1.3 m | |
Main | Family | 1.2 x 1.4 m | |
Main | Prim Bdrm | 1.3 x 0.9 m | |
Main | 2nd Br | 1.1 x 1.4 m | |
Main | Bathroom | 0.6 x 0.9 m | 3 Pc Bath |
2nd | Kitchen | 0.9 x 0.8 m | |
2nd | 3rd Br | 1.5 x 1.0 m | |
2nd | Bathroom | 0.9 x 0.5 m | 4 Pc Bath |
Bsmt | Kitchen | 0.8 x 1.5 m | |
Bsmt | 4th Br | 0.8 x 1.4 m | |
Bsmt | 5th Br | 0.7 x 1.8 m | |
Bsmt | Bathroom | 0.5 x 1.1 m | 4 Pc Bath |
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Instant estimate:
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$62,498
lower than listed pricei
High
$1,149,146
Mid
$1,112,502
Low
$1,070,786
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