$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.
Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
Room Details:
Room | Level | Length (m) | Width (m) | Description 1 | Description 2 | Description 3 |
---|---|---|---|---|---|---|
Living | Main | 0.00 | 0.00 | |||
Dining | Main | 0.00 | 0.00 | |||
Kitchen | Main | 0.00 | 0.00 | |||
Br | Main | 3.04 | 3.04 | |||
Living | Main | 0.00 | 0.00 | |||
Dining | Main | 0.00 | 0.00 | |||
Kitchen | Main | 0.00 | 0.00 | |||
Br | Main | 0.00 | 0.00 | |||
Office | Main | 0.00 | 0.00 | |||
Living | 2nd | 0.00 | 0.00 | |||
Dining | 2nd | 0.00 | 0.00 | |||
Kitchen | 2nd | 0.00 | 0.00 |