8 Bedroom
4 Bathroom
2,585 sqft
Central Air Conditioning, Wall Unit
Forced Air
$819,000
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:63476)
Property Details
|
MLS® Number |
40849131 |
|
Property Type |
Multi-family |
|
Amenities Near By |
Park, Place Of Worship, Public Transit, Schools |
|
Community Features |
Community Centre, School Bus |
|
Equipment Type |
Water Heater |
|
Parking Space Total |
5 |
|
Rental Equipment Type |
Water Heater |
Building
|
Bathroom Total |
4 |
|
Bedrooms Total |
8 |
|
Appliances |
Window Coverings |
|
Basement Development |
Finished |
|
Basement Type |
Full (finished) |
|
Cooling Type |
Central Air Conditioning, Wall Unit |
|
Exterior Finish |
Brick, Vinyl Siding |
|
Foundation Type |
Poured Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
1 |
|
Size Interior |
2,585 Sqft |
|
Type |
Triplex |
|
Utility Water |
Municipal Water |
Land
|
Access Type |
Road Access |
|
Acreage |
No |
|
Land Amenities |
Park, Place Of Worship, Public Transit, Schools |
|
Sewer |
Municipal Sewage System |
|
Size Depth |
40 Ft |
|
Size Frontage |
120 Ft |
|
Size Total Text |
Under 1/2 Acre |
|
Zoning Description |
Rc |