Looking for a great investment take a look at this Four Unit townhouse complex featuring 1149 sq ft 3 bedrooms 2 bathrooms 5 appliances. Main floor features an Entertaining size living room with patio doors onto a deck area. Galley Kitchen with 3 appliances and an adjoining family dining area and a half bathroom. Three generous size bedrooms upstairs with a full bathroom. Basement is full and open with a Washer & Dryer this area is ready for future development. Lots of parking and a double garage. Close to Shopping, Restaurants, Schools and Public Transportation which makes this investment easy to find good tenants. No vacancies in the past 3 years. Tenants pay for all utilities. Rents starting June1/24 are between $1,250 or $1,495 or $5,535. monthly and on Oct1/24 rents will range from $1,395 up to $1,495 or $5,780 or $69,360 yearly Total expenses $17,786. Net operating income $51,574. Cap Rate of 6.44% (id:1184)
Property Features
House Interior
Corner Site
Lane
Heating Information
Forced air
Parking
Detached Garage
Basement
Full (Partially finished)
Fire Place
False
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Market statistics compiled from data from Canadian Real Estate Association.