INVESTMENT PROPERTY: This property located on a quiet, tree-lined street, offers a diversified blend of occupancies and a 7.08% CAP Rate. All units have separate entrances and hydro meters. The detached 1-1/2 car garage is leased out separately, providing additional revenue. There is a coin-operated laundry in the basement for the tenant's use. Two units are tenanted. Unit 1(basement) $1,025/month, Unit 2(main level) $1,625/month, Unit 3(upper) is vacant, market rent +/-$1650, Garage $300/month. Above Grade sq ft is 1612sf. Tenants pay their own Hydro. Public transit is nearby, as are: parks, schools, eateries, gyms, hospital, 4-pad arena complex, and easy QEW/406 access. Income/Expense Sheet available. Add to your real estate investment portfolio today (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
50.17 x 81.58 ft
Amenities Nearby
Hospital, Park, Public Transit, Schools
Community Features
Community Centre
Listing Contract Date
2025-02-14
Location Description
Located near the intersection of Louth and St. Paul St W.
# of Parking Spaces
4
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Zoning Description
R2
Building
Amenities
Separate Electricity Meters
Appliances
Water Heater, Water meter, Dryer, Refrigerator, Stove, Washer
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Cooling Type
Window air conditioner
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Garage
Utilities
Type
Description
Cable
Available
Sewer
Installed
Land
Total Size
50.2 x 81.6 FT | under 1/2 acre
Amenities
Hospital, Park, Public Transit, Schools
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
50.2 x 81.6 FT
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