Prime Investment Opportunity Well-Maintained Fourplex with RMR Zoning! Discover this excellent income-generating property nestled on a quiet court in a desirable neighbourhood. This well-kept purpose-built multi-residential building offers a mix of one 3-bedroom unit (recently renovated) and three 2-bedroom units on two floors. Also contains a fifth one bedroom unit in the basement. Recent upgrades include updated electrical systems with separate meters and panels for each unit. Updated roof shingles. Additional features include ample parking, on-site coin-operated laundry, and individual storage lockers in the basement. Whether you're a seasoned investor or just starting out, this property delivers strong cash flow in an attractive low-rise neighbourhood. Don't miss this rare opportunity to add a solid asset to your portfolio! (id:47421)
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Detailed Information
Bedrooms
9+1
Bathrooms
5
Lot
80 x 138.67 ft
Equipment
Water Heater - Electric, Water Heater
Features
Cul-de-sac, Level lot, Flat site, Level
Listing Contract Date
2026-01-08
Location Description
Colborne St/ Rowanwood Ave
# of Parking Spaces
10
Property Type
Multi-family
Rental Equipment
Water Heater - Electric, Water Heater
Structures
Patio(s), Porch
Transaction Type
For sale
Zoning Description
RMR - Residential Mid-Rise
Building
Age
51 to 99 years
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Cooling Type
None
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Other
Stories Total
2
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Cable
Available
Electricity
Installed
Sewer
Installed
Land
Total Size
80 x 138.7 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
80 x 138.7 FT
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