2 Houses On One Lot Backing Onto Ravine. Potential 6% Cap Rate. Garden Suite Is Renovated 3 Bedroom Apartment Currently Rented For $1800/Month Plus Utilities With Lease Until Dec 31st 2022. Main House Is 4 Bedroom 2 Storey Country Home With Space For A Large Family. Completely Renovated In 2018. Currently Tenanted $2400/Month Plus...
2 Houses On One Lot Backing Onto Ravine. Potential 6% Cap Rate. Garden Suite Is Renovated 3 Bedroom Apartment Currently Rented For $1800/Month Plus Utilities With Lease Until Dec 31st 2022. Main House Is 4 Bedroom 2 Storey Country Home With Space For A Large Family. Completely Renovated In 2018. Currently Tenanted $2400/Month Plus Utilities. Month-To-Month Tenancy. Upgraded Vinyl Windows ('18), Hvac('18), Garden Suite Shingles('21). Incredible Opportunity To Add 3rd Unit With Two Walk-Ups From Unfinished Bsmt. Great Investment Property For The Investor Looking For A Hedge Against Inflation. Parking For 7 Cars. 1.59 Acre Lot In Demand Mitchell's Corners. Quaint Community With Many Local Shops And Access To 401 & 407. Only Short Drive To Get Into The City. Seller & Listing Brokerage Do Not Warrant Legality Of Garden Suite. Buyer To Verify All Info. 2 Fridge, 2 Stoves, 2 Washers, 2 Dryers, All Elfs & Window Coverings. 2 Furnaces, 2 Cac. Hwt(R) Exclude:All Fixtures Belonging To The Tenants. Municipality Permits 2 Accessory Dwelling Units On This Lot. Ttl 3 Units Allowed Buyer To Verify.
Property Details
Size
Parking
Rooms
Kitchen
14′1″ x 13′1″
Living
10′9″ x 13′1″
Dining
9′2″ x 10′6″
Family
17′8″ x 22′3″
Prim Bdrm
12′3″ x 14′3″
2nd Br
11′11″ x 12′6″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 700 - 1,100 Sq. Ft.
- 2
- 1
- 3
- 2
- 2
- 1
- 5
- 3
- 3
- 1
- 2
- 1
- 2,500 - 3,000 Sq. Ft.
- 6
- 3
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