EXPERIENCE this investment opportunity in this full duplex converted into an illegal fourplex, offering potential cash flow and solid long-term potential! This fully occupied property is currently generating $4300/M in gross rental income. With operating expenses, covering property management, utilities (boiler gas, water/sewer) garbage removal and yard maintenance. All the units have heat included because it's a boiler system, and there is only 1 water meter. The tenants each pay their own electricity and Wi-Fi/cable if desired. Suite Breakdown: Three 3-bedroom units and One 2-bedroom unit. Each suite is self-contained with its own washer, dryer, fridge and stove, making them highly desirable for tenants. Additional features include rear lane access and 4 dedicated parking stalls, providing convenience and functionality. Tenants appreciate the property's prime location near schools and amenities. Photos and room measurements provided in the listing are of Unit 3. This is a turnkey revenue property and investor opportunity to add to any real estate portfolio. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
1
Lot
15.24 x 36.57 m
Amenities Nearby
Park, Shopping
Features
Back lane
Listing Contract Date
2025-05-01
Municipal ID
0016321960
Ownership Type
Freehold
# of Parking Spaces
4
Plan
1544HW
Property Type
Multi-family
Structures
None
Transaction Type
For sale
Zoning Description
R3
Building
Appliances
Refrigerator, Stove, Washer & Dryer
Architectural Style
Bi-level
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1973
Construction Style (Attachment)
Attached
Cooling Type
None
Exterior Finish
Stucco, Vinyl siding
Flooring Type
Laminate, Linoleum, Vinyl Plank
Foundation Type
Poured Concrete
Stories Total
1
Total Finished Area
1952 sqft
Rooms
Room
Level
Dimensions
Notes
Living room
Main level
11.00 Ft x 20.67 Ft
Kitchen
Main level
15.42 Ft x 8.08 Ft
Bedroom
Main level
9.75 Ft x 8.17 Ft
Bedroom
Main level
12.33 Ft x 9.00 Ft
Primary Bedroom
Main level
9.50 Ft x 10.25 Ft
4pc Bathroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
Other
Parking Pad
Land
Total Size
6000 square feet
Amenities
Park, Shopping
Fence Type
Partially fenced
Landscape Features
Landscaped
Size of Irregular Land
6000.00
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