Size
-
Lot size
270.53 sqm
Street frontage
-
Possession
-
Price per sqm
$3,823
Taxes
$5,006 (2023)
Parking Type
-
Style
-
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Description
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back.This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units.Don't miss out on this unique opportunity!Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.
Broker: Luxe Home Town Realty Inc
MLS®#: 40661383
Property details
Parking:
3
Parking type:
-
Property type:
-
Heating type:
Forced Air
Style:
-
MLS Size:
209 sqm
Lot front:
9.75 M
Lot depth:
27.74 M
Listed on:
Oct 10, 2024
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