Size
-
Lot size
2027.05 sqm
Street frontage
-
Possession
-
Price per sqm
$2,765
Taxes
$4,122.75 (2024)
Parking Type
Detached Garage
Style
-
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Description
Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $2,000 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop’s second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity.
Broker: RE/MAX Midwestern Realty Inc. Brokerage
MLS®#: 40644009
Property details
Parking:
6
Parking type:
Detached Garage
Property type:
Fourplex
Heating type:
Baseboard,
Style:
-
MLS Size:
434 sqm
Lot front:
50.29 M
Lot depth:
40.23 M
Listed on:
Sep 9, 2024
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Instant estimate:
Not Available
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