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: $2,500 Unit 3: $1,750. Unit 2 tenant is moving out and vacant possession will be available. Buyer can move in or set rental to $1,900. With a gross annual income of $73,800 and an impressive cap rate of 5.40%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! (id:47423)
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Detailed Information
Bedrooms
5
Lot
50 x 109 ft
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2025-01-20
Location Description
York Blvd & Crooks St.
# of Parking Spaces
8
Property Type
Business
Transaction Type
For sale
Zoning Description
D
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
1747 square feet
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Garage
Land
Total Size
Bldg=50 x 109 FT
Amenities
Highway, Public Transit
Size of Irregular Land
Bldg=50 x 109 FT
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