This full duplex, with 2 illegal suites, located in the sought-after Agnes Davidson area, is a standout choice for investors seeking high returns and consistent "occupancy record".. The property includes four spacious suites, each offering 2 bedrooms, 1 bathroom, and in-suite laundry. a couple units have been updated for enhanced comfort and appeal.A detached 22x24 garage adds additional income potential, making this property even more attractive for maximizing ROI. Its prime location near schools, shopping, public transportation, parks, and the regional hospital ensures strong rental demand from a diverse pool of tenants. Current Performance: IRR = 8.3%, Cap Rate = 5.6%, Market Potential: EST. IRR = 10.45%, Cap Rate = 7.8%, Proforma details available on request, Virtual tours of each suite are accessible—ask your REALTOR® today!Whether you're a seasoned investor or just expanding your portfolio, this property offers a perfect blend of stability and growth potential. Don't miss out! Your Realtor has access to video tours on the suites, they are a MUST SEE! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
1
Bathrooms
1
Lot
14.02 x 36.57 m
Amenities Nearby
Schools, Shopping
Features
See remarks, Back lane
Listing Contract Date
2024-12-03
Municipal ID
0020660750
Ownership Type
Freehold
# of Parking Spaces
4
Plan
838Y
Property Type
Multi-family
Structures
None
Transaction Type
For sale
Zoning Description
R-L
Building
Appliances
Refrigerator, Range - Electric, See remarks, Washer & Dryer
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1953
Construction Style (Attachment)
Attached
Cooling Type
None
Flooring Type
Carpeted, Hardwood, Linoleum, Vinyl Plank
Foundation Type
Poured Concrete
Heating Type
Forced air
Stories Total
1
Total Finished Area
1768 sqft
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Main level
.00 Ft x .00 Ft
Bedroom
Main level
1.08 Ft x 1.08 Ft
Parking Spaces
Name
Spaces
Detached Garage
2
Other
Land
Total Size
5564 square feet
Amenities
Schools, Shopping
Fence Type
Partially fenced
Size of Irregular Land
5564.00
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