Size
-
Lot size
2970 sqft
Street frontage
-
Possession
-
Price per sqft
$367 - $500
Taxes
$2,059 (2024)
Parking Type
-
Style
2-Storey
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Description
INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Meters for each unit. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today!
Broker: RE/MAX NIAGARA REALTY LTD, BROKERAGE
MLS®#: X12053122
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
45 Ft
Lot depth:
66 Ft
Listed on:
Apr 1, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Kitchen | 4.23 x 3.49 ft | |
Main | Bedroom | 2.89 x 2.57 ft | |
Main | Bedroom | 2.89 x 2.46 ft |
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Instant estimate:
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$447
higher than listed pricei
High
$564,231
Mid
$550,447
Low
$517,117