Size
6150 sqft
Lot size
1391 sqft
Street frontage
-
Possession
-
Price per sqft
$260
Taxes
$10,215.64 (2025)
Parking Type
-
Style
Other
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Description
Excellent location close to downtown, bus service, short distance to the universities, library, public pool, shopping, and the expressway. Very attractive investment in a good area close to all amenities. Always rented and 5 units have been renovated. All have newer windows, extra insulations in the attic and ring joyce, all are metered separately for hydro, each has a private patio area and newer fencing, at least one parking spot each. Close to shopping and schools. New roof in May/26, new boiler and tank in 2/25. Very efficient gas boiler hot water heating so they can pay you more rent.
With a 5.0 cap rate this is a very easy property to finance, let the rent pay your mortgage and in 25 years you have an excellent retirement income of over 100,000 per year. Most tenants have been here for over 5 years so if a few move the rent at current values would spike substantially.
Broker: CENTURY 21 HERITAGE HOUSE LTD.
MLS®#: 40835295
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
6150 sqft
Lot front:
118 Ft
Lot depth:
127 Ft
Listed on:
Jun 1, 2026
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