5-bedroom home renting for $3,475! Incredible 5.5% cap rate and $940 monthly cash flow on a single family property in an area where single family investment cap rates struggle to reach 3.95%! R4 zoning suggests duplex conversion or redevelopment potential. Massive growth area! Cranes in the air everywhere, residential infill on every street, huge condo projects underway. Vibrant, highly walkable neighbourhood with abundant shopping, dining, and cafe options. Parking in private driveway. Sold furnished. Gross income $3,475/month or $41,700/year. All expenses total $9,134. NET income $32,566. CASH FLOW after finance $11,279/year or $940 monthly cash flow. Interior and exterior finishes need TLC. Can be sold together at buyer?s option with MLS# 1283750.

125 Pamilla St