Investor Alert! Prime Downtown Investment (Motivated Seller)! 5.70% Cap & Fully Leased (Income Property)4 well-maintained units with growth potential (Main = $3,800; 2nd = $4,400; Top = $1,800). Steps to amenities and transit. Lane access for 2-car parking + potential income. Potential to add 3 extra units (Buyer to verify)! Bonus! Potential to develop a 5th unit and laneway house (buyer to verify). This is a flexible property with upside potential. Perfect for an investor looking for a rental income property that requires TLC (handyman special). Don't miss out on this as-is opportunity! **** EXTRAS **** 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (id:47423)
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Detailed Information
Bedrooms
9+2
Bathrooms
5
Lot
17.42 x 132 ft
Listing Contract Date
2024-05-29
Location Description
Sherbourne St & Gerrard St E
# of Parking Spaces
2
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Residential
Building
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Other
Utility Water
Municipal water
Land
Total Size
17.49 x 132 FT
Size of Irregular Land
17.49 x 132 FT
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