With a gross rent of $108,000 and tenants responsible for all expenses, this 4-plex offers great cash flow potential.The property consists of 2 x 3-bedroom units, 2 x 2-bedroom units, and 3 parking spaces. The 2-storey, 3-bedroomunit boasts hardwood floors, a modern open-concept kitchen with stainless steel appliances, and a spacious living room with a natural gas fireplace and floor-to-ceiling stone surround. The primary bedroom includes a walk-incloset and ensuite, while the secondary bedrooms are generously sized. The lower-level units features 2 bedrooms and a full bath. Each unit comes with in-unit laundry, private entrances, separate gas, and hydro meters.Conveniently situated near shopping, schools, parks, and transit (with direct access to Algonquin College via a single bus route). (id:47421)
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Detailed Information
Lot
35.33 x 151.75 ft
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Property Easement
Right of way
Lease Type
Gross
Listing Contract Date
2024-03-08
Municipal ID
039650092
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R2G
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
2022
Construction Style (Attachment)
Attached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Siding
Flooring Type
Hardwood, Vinyl
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Surfaced
Land
Total Size
35.33 ft X 151.73 ft
Amenities
Public Transit, Recreation Nearby, Shopping
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
35.33 ft X 151.73 ft
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