Size
-
Lot size
3000 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
-
Parking Type
Detached Garage
Style
-
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Description
The seller is in the process of being approved for a grant of up to 30k for improvements to the facade & windows, which may be inherited by the new owner. A great location for a profitable investment property, with live/work potential. High visibility commercial & residential split building. Situated in a prosperous, artistic neighbourhood with many thriving businesses nearby. The two residential units (two bedroom and three bedroom) are tenanted by friendly, long-term tenants. Rent is $1,000 and $900 a month for each unit. The commercial unit (about 550 SF + additional space in the basement) was rented for $850 a month, and the garage/storage area are rented for $300 a month. Parking is available via the rear alley for up to two cars in the concrete driveway and garage. Updated wiring and plumbing. New electrical retrofit (2017) with three panels and meters. New Combi Heater. Taxes are very low ($2,187.05 for 2020). When fully occupied, gross rents are estimated at $3050 per month or $36,600 a year.
Broker: Coldwell Banker Community Professionals
MLS®#: H4086818
Property details
Parking:
Yes
Parking type:
Detached Garage
Property type:
-
Heating type:
Gas Hot Wa
Style:
-
MLS Size:
-
Lot front:
25 Ft
Lot depth:
120 Ft
Listed on:
Nov 6, 2020
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