Savvy INVESTOR alert! 5.50% Cap Rate. Monthly CASHFLOW of $1,1002/ month ($13,227/year). Annual Gross Income of $44,400 split between 2 TURNKEY & LEGAL separate units. Upper 3 Bedroom unit rents for $1850+Hydro- excellent tenant in place. Lower unit is newly renovated and has been built with design, function & durability in mind - it is...
Savvy INVESTOR alert! 5.50% Cap Rate. Monthly CASHFLOW of $1,1002/ month ($13,227/year). Annual Gross Income of $44,400 split between 2 TURNKEY & LEGAL separate units. Upper 3 Bedroom unit rents for $1850+Hydro- excellent tenant in place. Lower unit is newly renovated and has been built with design, function & durability in mind - it is vacant & should rent for $1850+Hydro. In addition to the state of the art and incredibly efficient boiler system, separate Hydro meters (tenants pay), and low taxes, the Timeless white kitchens, New Appliances & In-suite laundry provide the perfect ultra Low Expense / Maintenance investment opportunity! NOI $37,154. SAVVY HOMEOWNERS: Owner Occupy either unit & have the other unit pay 93% of your mortgage from their rent! Huge backyard. Walking distance to Transit, Grocery & parks! Pre-Inspection is available upon request. PRE-EMPTIVE OFFER received - Taking offers today at 3:15pm today April 26th.
Property Details
Size
Parking
Lot
Build
Rooms
Living Rm
11′2″ x 14′9″
Dining Rm
11′2″ x 14′9″
Kitchen
11′2″ x 7′9″
Bath 2-Piece
7′7″ x 11′2″
Primary Bedrm
11′2″ x 14′0″
Bedroom
8′8″ x 10′5″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
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