Quick Summary
Quick Summary
- Meticulously maintained investment property
- Opportunity for owner-occupied investment
- Three separate units with private entrances
- All units have in-suite laundry and meters
- Shared fenced rear yard for tenants
- Detached garage with electricity
- Numerous recent property upgrades
- Priced at 5% capitalization rate
Investors take notice, this property has been very diligently and meticulously taken care of and updated over the years. Thinking of buying a home and having someone help pay the mortgage? This is a great opportunity for that with traditional lenders being able to use market rents to help you qualify for a purchase. Live in 1 unit and... Show More
Investors take notice, this property has been very diligently and meticulously taken care of and updated over the years. Thinking of buying a home and having someone help pay the mortgage? This is a great opportunity for that with traditional lenders being able to use market rents to help you qualify for a purchase. Live in 1 unit and have the other two subsidize your mortgage. This is a great time and way to get an investment property for now and the future. Unit 1 has private use of the North side driveway and has their own private entrance at the rear. A nice mudroom and living room above grade with a 3pc bath, 2 bedrooms, eat in kitchen and storage. Unit 2 is a nice 1 bedroom apartment on the main floor with a great sunroom, living room, eat in kitchen, 3pc bath and large bedroom. This unit gets parking on the south side driveway. Unit 3 is on the 2nd and 3rd floors which comes with 3 bedrooms, kitchen, 4pc bath, 2pc bath and a large living room. This unit also has its own parking on the south side driveway. All of the units have separate hydro meters and hot water tanks. All units also have in-suite laundry. There is outdoor storage for tenants and a large inviting fenced rear yard for the tenants to share. There is also a detached garage with hydro which the Landlord currently uses but could be used to generate more income. Some of the many upgrades over the years include: Appliances, washrooms, flooring, windows, roof, central air, furnace, electrical, fire safety, paint, plumbing and more. Ask your Realtor for a complete list of upgrades. Priced at a 5% Cap Rate, this property is perfect to add to your portfolio of investments or to jump in for your first. Solid Brick, Solid Income, Solid Investment. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Bedroom
7′0″ x 8′0″
Living room
11′0″ x 13′0″
Bedroom
9′6″ x 12′0″
4pc Bathroom
5′3″ x 8′0″
Kitchen
8′0″ x 9′0″
2pc Bathroom
3′8″ x 8′0″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
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- 3
- 2
- 6
- 2
- 1,500 - 2,000 Sq. Ft.
- 4
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- 1,100 - 1,500 Sq. Ft.
- 2
- 3
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
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- 2,500 - 3,000 Sq. Ft.
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- 3
- 3
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