Quick Summary
Quick Summary
- Excellent investment opportunity with positive cash flow
- Legal non-conforming triplex with 5 bedrooms, 3 baths
- 3 separate kitchens with individual hydro meters
- 3 parking spots for convenient tenant parking
- Main floor 2-bedroom suite with $1,500 rent potential
- 2nd floor 2-bedroom suite with $1,600 rent potential
- 3rd floor 1-bedroom suite with $1,100 rent potential
- Convenient location near colleges, hospitals, and amenities
**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining... Show More
**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining rooms, kitchen, and potential rent of $1,500. The 2nd floor offers a 2-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, also renting for $1,600. The 3rd floor features a 1-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, with potential rent of $1,100. Total rental income is approximately $4,200 monthly, which can exceed mortgage payments. Located near Mohawk college, Mc Master university, St Peters hospital, St. Joseph's Healthcare, Trillium Place and other amenities, this triplex offers strong rental potential and positive cash flow. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Living room
59′0″ x 75′5″
Dining room
29′6″ x 22′11″
Kitchen
36′1″ x 36′1″
Primary Bedroom
45′11″ x 29′6″
Bedroom 2
32′9″ x 26′3″
Dining room
26′3″ x 22′11″
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