Experience ease of management with ample basement space designated for storage or a superintendent's workshop, complemented by an external shed for snow or landscaping tools. The property has undergone a series of recent upgrades: a new roof, modernized kitchens in most units, vinyl plank flooring, and an upgrade to ABS plumbing. Many of the units are paying market rents and vacancies have shown to be filled quickly. The rents are 23.7% below market value and that means lots of upside potential. Experience immediate returns in this turn-key residential investment. Gross Income - $170,307. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:47421)
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Detailed Information
Bedrooms
17
Bathrooms
8
Lot
97 x 131 ft
Features
Shared Driveway, Laundry- Coin operated
Listing Contract Date
2024-04-22
Location Description
From ON 400 - Take exit 220 toward Hunter Dr, Turn right onto Hunter Dr, Turn right onto Oastler Park Dr/ON 7241, Turn left onto Bowes St, Continue onto Seguin St, Turn right onto Miller St, Destination will be on the left.
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Structures
Shed
Transaction Type
For sale
Zoning Description
C1
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Baseboard heaters
Stories Total
2
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Sewer
Municipal sewage system
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