5 Bedroom
3 Bathroom
1,500 - 2,000 sqft
Central Air Conditioning
Forced Air
$999,000
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity! (id:63476)
Property Details
|
MLS® Number |
X13144182 |
|
Property Type |
Multi-family |
|
Community Name |
Strathcona |
|
Amenities Near By |
Marina, Park, Public Transit, Schools |
|
Features |
Carpet Free |
|
Parking Space Total |
10 |
Building
|
Bathroom Total |
3 |
|
Bedrooms Above Ground |
3 |
|
Bedrooms Below Ground |
2 |
|
Bedrooms Total |
5 |
|
Age |
51 To 99 Years |
|
Amenities |
Separate Electricity Meters |
|
Basement Development |
Finished |
|
Basement Features |
Separate Entrance |
|
Basement Type |
N/a (finished), N/a |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Aluminum Siding, Brick |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
1,500 - 2,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Fence Type |
Fenced Yard |
|
Land Amenities |
Marina, Park, Public Transit, Schools |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
109 Ft |
|
Size Frontage |
50 Ft |
|
Size Irregular |
50 X 109 Ft |
|
Size Total Text |
50 X 109 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Second Level |
Kitchen |
3.02 m |
2.51 m |
3.02 m x 2.51 m |
|
Second Level |
Bedroom 3 |
4.98 m |
3.35 m |
4.98 m x 3.35 m |
|
Second Level |
Bathroom |
3.02 m |
1.7 m |
3.02 m x 1.7 m |
|
Basement |
Bedroom 4 |
2.67 m |
4.5 m |
2.67 m x 4.5 m |
|
Basement |
Bedroom 5 |
2.24 m |
5.97 m |
2.24 m x 5.97 m |
|
Basement |
Bathroom |
1.5 m |
3.53 m |
1.5 m x 3.53 m |
|
Basement |
Kitchen |
2.69 m |
4.85 m |
2.69 m x 4.85 m |
|
Main Level |
Kitchen |
2.97 m |
4.29 m |
2.97 m x 4.29 m |
|
Main Level |
Family Room |
4.01 m |
4.42 m |
4.01 m x 4.42 m |
|
Main Level |
Primary Bedroom |
4.29 m |
2.87 m |
4.29 m x 2.87 m |
|
Main Level |
Bedroom 2 |
3.66 m |
4.5 m |
3.66 m x 4.5 m |
|
Main Level |
Bathroom |
1.88 m |
2.97 m |
1.88 m x 2.97 m |