$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.

Property Info

MLS®: X9260877

Listing Courtesy of EXP REALTY

Total Bedrooms 7

Total Bathrooms 4

Basement Part Fin

Floor Space 0 sq.ft.

Lot Size 5888 sq.ft.

Style 2-Storey

Last Updated 2024-08-19

Property Type Fourplex

Listed Price $1,049,900

Unit Pricing $1,049,900/sq.ft.

Strata Fee $

Tax Estimate $4,597/Year

Year Built 100+

Interior Features

Rooms

Main Living Room 0.00m * 0.00m ,,

Main Dining Room 0.00m * 0.00m ,,

Main Kitchen 0.00m * 0.00m ,,

Main Bed Rooms 3.04m * 3.04m

Main Living Room 0.00m * 0.00m

Main Dining Room 0.00m * 0.00m

Main Kitchen 0.00m * 0.00m

Main Bed Rooms 0.00m * 0.00m

Main Office 0.00m * 0.00m

2nd Level Living Room 0.00m * 0.00m

2nd Level Dining Room 0.00m * 0.00m

2nd Level Kitchen 0.00m * 0.00m

More Details

Sold History

Selling

X9260914 X XXX X, XXXX XXXXX $XXXXXXX

X9260877 X XXX X, XXXX XXXXX $XXXXXXX

X8431494 X XXX X, XXXX XXXXX $XXXXXXX

X8431316 X XXX X, XXXX XXXXX $XXXXXXX

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X8301968 X XXX X, XXXX XXXXX $XXXXXXX

X8301978 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

X8202560 X XXX X, XXXX XXXXX $XXXXXXX

X8202576 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

X8174610 X XXX X, XXXX XXXXX $XXXXXXX

X8161054 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

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