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$799,900
Est. payment /mo
6 Beds
6 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $533
Subdivision 3404 - Vanier
MLS® Listing ID X13768418
Bedrooms 6
Property Description
Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Other, ,
Cooling None
Fireplaces Number 2
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by RIGHT AT HOME REALTY
NEARBY SCHOOL & BUSINESS
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