Excellent for 1st timer or investor (cap rate of 6.2%) currently vacant so you can set your own rents. Built as a duplex with 2 separate hydro meters , hydro panels ,1 gas meter, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 14 yrs, newer floors on both levels, roof 2012. (rental income is projected at 2100 main floor and 1900 upper floor, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at back through laneway. easy to rent. seller will leave vacant until sold. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
31 x 100 ft
Amenities Nearby
Public Transit, Shopping
Equipment
Water Heater
Listing Contract Date
2024-03-04
Location Description
CANNON ST. E. - NORTH ON EAST BEND
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
D
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Constructed Date
1915
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Other
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Public Transit, Shopping
Fence Type
Fence
Sewer
Municipal sewage system
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