Showing NOW | Offers ANYTIME! | Incredible investment opportunity!!! Running at a TRUE 7.2% CAP RATE! (See attached Proforma!) With management fees, vacancy and repairs all factored into the equation! This is not your typical investment property, this is a TRUE MONEY MAKER! Cash flow over $1000/m with 20% down!! This fully updated "duplex" functions as a triplex with nearly 3,000 sq ft of total living space and three separate suites, each with their own in-suite full-size washer and dryer. The top floor unit offers 3 bedrooms and 1 bathroom (rented for $1,950/month), the main floor features 2 bedrooms and 1 bathroom (approx. $1,650/month, to be confirmed), and the basement is a 1 bedroom, 1 bathroom owner’s suite (rented for $900/month), generating $4,500/month in gross rental income. All utilities and water are paid by the landlord, and the property includes rear parking for 4 vehicles. Whether you're an investor seeking strong cash flow or a savvy buyer looking to live in one unit while the others pay your mortgage, this property delivers unbeatable value at just $519,900. Newer Furnace, HWT, Windows, Roof, Electrical & Appliances & SO MUCH MORE! TURN KEY!
- Basement Development Fully Finished
- Bathrooms 3
- Bathrooms (Full) 3
- Bedrooms 6
- Building Type Two Storey
- Built In 1962
- Depth 107.00 ft
- Exterior Brick, Stucco
- Floor Space 1976 sqft
- Frontage 50.00 ft
- Gross Taxes $2,987.63
- Neighbourhood St James
- Property Type Residential, Duplex
- Rental Equipment None
- Tax Year 2024
- Total Parking Spaces 4
- Features
- Air Conditioning-Central
- High-Efficiency Furnace
- In-Law Suite
- Goods Included
- Dryer
- Refrigerator
- Stove
- Washer
- Parking Type
- Parking Pad
- Site Influences
- Landscape
- Shopping Nearby
- Public Transportation
Rooms
Level | Type | Dimensions |
---|---|---|
Main | Four Piece Bath | - |
Primary Bedroom | 10 ft x 10 ft | |
Bedroom | 9 ft x 9 ft | |
Kitchen | 10 ft x 10 ft | |
Living Room | 12 ft x 14 ft | |
Basement | Four Piece Bath | - |
Primary Bedroom | 8.5 ft x 10 ft | |
Kitchen | 9 ft x 11 ft | |
Living Room | 12 ft x 12 ft | |
Upper | Four Piece Bath | - |
Primary Bedroom | 11 ft x 10 ft | |
Bedroom | 9 ft x 10 ft | |
Bedroom | 9 ft x 9 ft | |
Kitchen | 11 ft x 11 ft | |
Living Room | 12 ft x 12 ft |