Size
-
Lot size
506.32 sqm
Street frontage
W
Possession
-
Price per sqm
$7,253
Taxes
$4,383.27 (2022)
Parking Type
Detached Garage
Style
-
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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. Don’t miss out on this exceptional investment opportunity!
Broker: RE/MAX Aboutowne Realty Corp., Brokerage
MLS®#: 40619354
Property details
Parking:
10
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
162 sqm
Lot front:
15.24 M
Lot depth:
33.22 M
Listed on:
Jul 14, 2024
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Instant estimate:
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