Excellent Investment Property! This impressive property shows well and has 2,871sq.ft. above-grade with three spacious 3-bedroom units, including a completely renovated 3-bedroom bungalow that is vacant so you can set the rent for that beautifully updated unit, or live in that unit and collect the rental income from the other 2 units to pay your mortgage. The 2-storey front unit has laminate flooring, high ceilings, an updated bathroom, 3 bedrooms, in-suite laundry, and a large basement. The 2-storey rear unit has an updated kitchen with a quartz countertop, a modern bathroom, laminate flooring, 3 bedrooms plus a den that could be converted into a 2nd bathroom, and lots of storage space in the basement. The bungalow-style unit at 7 Fleet Street has been completely renovated with high ceilings, pot lighting, luxury vinyl plank flooring, a beautiful kitchen with quartz counters, 3 bedrooms with the master bedroom enjoying a walk-in closet, a new 4pc. Bathroom, and a full basement. Close to Laurier University, elementary schools, public transportation, the train station, and shopping. A great investment property with numerous updates, excellent tenants, and a high annual rental income of $69,600 with a very attractive cap rate. Book a viewing for this amazing property! (id:47421)
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Detailed Information
Bedrooms
9
Bathrooms
3
Lot
56 x 66 ft
Amenities Nearby
Park, Place of Worship, Public Transit, Schools, Shopping
Community Features
Quiet Area
Equipment
Water Heater
Features
Southern exposure, Paved driveway
Listing Contract Date
2025-03-12
Location Description
West Street/ Fleet Street
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
RC, R4B (24U)
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Cooling Type
None
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Land
Total Size
0.082 acres
Amenities
Park, Place of Worship, Public Transit, Schools, Shopping
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