Size
6098 sqft
Lot size
-
Street frontage
S
Possession
-
Price per sqm
$1,137
Taxes
$3,479 (2024)
Parking Type
-
Style
-
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Description
This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used actual rent of $1500.
Note: Tenants pay all utilities, gas, hydro and water (separate meters).
rent $43320 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $36409.
5.6 CAP RATE.
Broker: Royal LePage Action Realty
MLS®#: 40665417
Property details
Parking:
Yes
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
199 sqm
Lot front:
15.24 M
Listed on:
Oct 31, 2024
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Instant estimate:
Not Available
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