Quick Summary
Quick Summary
- Conveniently located near transit, shopping, and amenities
- Brick building with mix of 1-bedroom, 2-bedroom, and bachelor units
- Cosmetic interior work done on some units upon turnover
- Roof replaced in 2009 and gas-fired boiler updated in 2014
- Parking available for up to 4 cars
- Significant upside potential for rent increases on tenant turnover
- Generates a strong net operating income of $38,334.39
This 5 unit property is ideally situated in trendy Hintonburg. Steps to transit, shopping, coffee shops and everything Wellington and Preston have to offer. Brick building featuring 3 x 1 bedrooms, 1 x 2 bedrooms and 1 bachelor unit. Cosmetic interior work done on some units upon turnover. Roof replaced in 2009. Gas fired boiler 2014.... Show More
This 5 unit property is ideally situated in trendy Hintonburg. Steps to transit, shopping, coffee shops and everything Wellington and Preston have to offer. Brick building featuring 3 x 1 bedrooms, 1 x 2 bedrooms and 1 bachelor unit. Cosmetic interior work done on some units upon turnover. Roof replaced in 2009. Gas fired boiler 2014. Parking up to 4 cars. Great upside potential for rents on tenant turnover. Gross Income: $62,988.00, Total Expenses: $24,653.61 Net Operating Income: $38,334.39 (id:54626)
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