Size
-
Lot size
9645 sqft
Street frontage
-
Possession
Other
Price per sqft
$485 - $647
Taxes
$4,513.17 (2024)
Parking Type
-
Style
2-Storey
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Description
Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units. 4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $97,086! with very desirable CAP rate of approx 7.72%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!
Broker: OUR NEIGHBOURHOOD REALTY INC.
MLS®#: X12091339
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
60 Ft
Lot depth:
160 Ft
Listed on:
Apr 18, 2025
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Instant estimate:
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$23,534
lower than listed pricei
High
$965,396
Mid
$946,466
Low
$916,790
1/37
$849,000
21 days
3BD
3BA
2 Parking
1,500-2,000 sqft
MLS#: X12083240
ROYAL LEPAGE NRC REALTY
1/34
$829,900
11 days
4+1BD
3BA
5 Parking
1,500-2,000 sqft
MLS#: X12103845
Real Broker Ontario Ltd.
1/49
$875,000
13 days
3+2BD
3BA
10 Parking
1,500-2,000 sqft
MLS#: X12099874
PEAK GROUP REALTY LTD.
1/46
$944,900
3 days
2+2BD
4BA
8 Parking
1,500-2,000 sqft
MLS#: X12122765
RE/MAX NIAGARA REALTY LTD, BROKERAGE