


Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and... Show More
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! Please see financial attachment attached on listing to see full breakdown (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby

- 2,000 - 2,500 Sq. Ft.
- 5
- 3

- 3
- 2

- 700 - 1,100 Sq. Ft.
- 3
- 3

- 700 - 1,100 Sq. Ft.
- 2
- 2

- 5
- 3

- 1,100 - 1,500 Sq. Ft.
- 2
- 2

- 2
- 2

- 3
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.