8 Bedroom
6 Bathroom
3,500 - 5,000 sqft
Window Air Conditioner
Baseboard Heaters
$2,575,000
Previously listed as 2 seperate properties, now combines 6 unit apartment building AND adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned RUD4, changing to H4B H(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual Gross income = $143k, NOI = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy New Edinburgh meets exclusive Rockliffe Park. Many funky / popular restaurants now dot the neighbourhood. Metro, Starbucks, BMO branch and LCBO are a 10-minute walk away; Pet Valu and Bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and Rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike. (id:63476)
Property Details
|
MLS® Number |
X13467972 |
|
Property Type |
Multi-family |
|
Community Name |
3302 - Lindenlea |
|
Amenities Near By |
Public Transit, Schools |
|
Equipment Type |
None |
|
Features |
Irregular Lot Size, Carpet Free |
|
Parking Space Total |
6 |
|
Rental Equipment Type |
None |
Building
|
Bathroom Total |
6 |
|
Bedrooms Above Ground |
6 |
|
Bedrooms Below Ground |
2 |
|
Bedrooms Total |
8 |
|
Age |
51 To 99 Years |
|
Amenities |
Separate Heating Controls |
|
Appliances |
Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
|
Basement Development |
Finished |
|
Basement Features |
Walk Out, Separate Entrance |
|
Basement Type |
N/a (finished), N/a |
|
Cooling Type |
Window Air Conditioner |
|
Exterior Finish |
Brick |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters |
|
Stories Total |
3 |
|
Size Interior |
3,500 - 5,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Fence Type |
Fenced Yard |
|
Land Amenities |
Public Transit, Schools |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
142 Ft |
|
Size Frontage |
40 Ft ,1 In |
|
Size Irregular |
40.1 X 142 Ft ; North Line = +13 Ft Vs. South Line |
|
Size Total Text |
40.1 X 142 Ft ; North Line = +13 Ft Vs. South Line |
|
Zoning Description |
Rud4 |
Utilities
|
Cable |
Installed |
|
Electricity |
Installed |
|
Sewer |
Installed |