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CAONVanier267 Michel Cir
267 Michel Cir, Home with 5 bedrooms, 3 bathrooms and 6 parking in Vanier ON | Image 1
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$740,000

267 Michel Cir, Vanier, ON

Real Estate

Sold

$--,---,---
$749,900
536
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage No
Taxes $5,827
Lot Size 
Approx. Age 
MLS® Number X12116548

Property Address: 

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

Description

Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4, 960/month, potential cash flow of over $1, 000 per month with the minimum down, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2, 900/month, while the upper 3-bed unit is rented at $2, 060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today!Show Description
MLS® NumberX12116548
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementNone
DrivewayGarage Type:None
Garage Spaces
HeatGas, Baseboard
A/CNone
Heating Fuel

Extras

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