***4.84% CAP RATE*** Don't miss this great investment opportunity to own a legal duplex with an additional basement unit in the heart of Britannia; near the conservation area, close to Britannia beach, transit, shopping and minutes from the 417! Property offers two 3 bedroom units and one 1 bedroom unit - one of which is currently rented! You get to choose your own tenants at current rent rates for both 3 bedroom units. Main level unit is owner occupied and rents are estimated for both 3 bedroom units. Top unit rent estimated at $1900/month + utilities and is going to be vacant April 30th. Middle unit estimated rent $1800/month + utilities. Basement unit rented at $1000/month. Estimated Gross rent: $56,400. Shared laundry with opportunity for additional income by switching to coin machines. A location and a property not to be missed! (id:15265)
MLS® Number | 1326278 |
Property Type | Multi-family |
Neigbourhood | Britannia |
Amenities Near By | Public Transit, Recreation Nearby, Shopping, Water Nearby |
Community Features | Family Oriented |
Easement | None |
Parking Space Total | 3 |
Surfaced |
Acreage | No |
Land Amenities | Public Transit, Recreation Nearby, Shopping, Water Nearby |
Sewer | Municipal Sewage System |
Size Depth | 102 Ft ,6 In |
Size Frontage | 50 Ft ,2 In |
Size Irregular | 50.14 Ft X 102.49 Ft |
Size Total Text | 50.14 Ft X 102.49 Ft |
Zoning Description | R2f |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1975 |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Flooring Type | Wall-to-wall Carpet, Hardwood, Vinyl |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Duplex |
Utility Water | Municipal Water |
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