Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022. Roof 2019, Furnace 2017, AC in Commercial Unit 2022. Current Cap Rate is excellent at 4.6% with potential to rise to 5.15% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered. (id:47423)
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Detailed Information
Bathrooms
4
Total Area
4,700 ft2
Listing Contract Date
2024-02-21
# of Parking Spaces
3
Property Type
Retail
Transaction Type
For sale
Building
Cooling Type
Fully air conditioned
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
25 x 109 FT
Size of Irregular Land
25 x 109 FT
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