Welcome to 194-196 Tower Street, a prime opportunity to secure a high-performing investment property. This multi-unit duplex features two spacious units, each offering three bedrooms and one bathroomideal for tenants seeking comfortable and functional living spaces. Unit 194 is currently leased at $1,450 per month (lease ending at the end of June, 2025), and Unit 196 generates $1,150 per month (month-to-month lease with a long-term tenant), combining for a solid monthly income of $2,600. With market demand for rental properties on the rise, this property ensures steady cash flow and long-term value. Please note that a Minimum Property Standards By-law letter is attached to the listing. Buyers are encouraged to request this document from their Realtor, as it contains important information about the property. Dont miss out on this income-generating asset. Book your viewing today and take the next step toward growing your investment portfolio! Offers will be reviewed as they come in. (id:47423)
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Detailed Information
Municipal ID
00364703
Property Type
Multi-family
Transaction Type
For sale
Building
Appliances
Refrigerator, Stove
Exterior Finish
Vinyl
Heating Fuel
Electric
Total Finished Area
3250 sqft
Type
Duplex
Utility Water
Municipal water
Land
Total Size
465 square meters
Sewer
Municipal sewage system
Size of Irregular Land
465
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