Seize this extremely rare opportunity to own a vacant, turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! (id:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Kitchen | 3.02 m x 2.51 m |
Bedroom 3 | 4.98 m x 3.35 m | |
Bathroom | 3.02 m x 1.7 m | |
Basement | Bedroom 4 | 2.67 m x 4.5 m |
Bedroom 5 | 2.24 m x 5.97 m | |
Bathroom | 1.5 m x 3.53 m | |
Kitchen | 2.69 m x 4.85 m | |
Main level | Kitchen | 2.97 m x 4.29 m |
Family room | 4.01 m x 4.42 m | |
Primary Bedroom | 4.29 m x 2.87 m | |
Bedroom 2 | 3.66 m x 4.5 m | |
Bathroom | 1.88 m x 2.97 m |
Features | |||||
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Carpet Free | Detached Garage | Dishwasher | |||
Dryer | Refrigerator | Stove | |||
Washer | Window Coverings | Separate entrance | |||
Central air conditioning | Separate Electricity Meters |