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Key Facts

Type Duplex
Levels Residential Income
Size 1386 sqft
Garage Yes
Taxes $2,734
Days Active 0
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $396
MLS® Number 40742676

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Purpose built LEGAL duplex. Flexible possession. Excellent for the 1st time BUYER or investor AND its a great mortgage helper (cap rate of 5.78%) set your own rents. 2 separate hydro meters and panels , 1 gas meter with hot water heating, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 15 yrs, newer floors on both levels, roof 2012. (rental income is projected, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, fire proofing between both floors, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. Parking for 1 car at front and oversized 1 car garage at the back through the laneway. Seller will accommodate the Buyer to rent out the units prior to closing. Using $1600 for upper unit and $1800 for main floor and basement. Expenses are actual numbers. MOTIVATED SELLERShow Description
MLS® Number40742676
Laundry LevelOther
Central VacNo
FireplaceNo
Acreage
ExteriorPrivate Entrance, Separate Hydro Meters
GarageYes
Approx. Age1915
BasementFull, Unfinished
DrivewayDetached Garage, Concrete, Exclusive
Garage Spaces
HeatNatural Gas, Radiator
A/CNone
Heating Fuel

Extras

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