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