Average square foot calculated using Size range provided by listing agent.
Description
Legal Non-Conforming 4-Plex + In-Law Suite. Prime Investment Opportunity! Impressive rental income featuring 5 x 2-bedroom units, including a lower-level 2-bedroom in-law suite with separate entrance. Set on a large 60.14 x 160.75 ft lot, this turnkey building includes a detached double garage, concrete driveway, and parking for all units. 4 units recently renovated with over $240K in upgrades, plus a brand-new coin-operated laundry room (2024). Additional updates: breaker panels, windows/doors, basement waterproofing, roofs (2011), boiler (2012), and bathroom upgrades across several units. Gross annual income approx: $97, 086! With very desirable CAP rate of approx 7.72%. Located steps from the hospital, transit, and amenities. Development potential on an oversized lot in a high-demand location!Show Description
MLS® NumberX12252310
Locker
Ensuite LaundryNo
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Furnished
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GarageNo
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Included in Maintenance Fee
Heat
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Building Insurance
Condo Taxes
Cable TV
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HeatGas Forced Air Open
A/CNo
Heating Fuel
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