5bed
8bathProperty type
Triplex
Lot size
N/A
Style
2-Storey
Approx. Area
N/A
| Room Type | Dimension (length x width) | Features | Level |
|---|---|---|---|
| Foyer | 2.08 x 3.32309 m | N/A | Basement |
| Living Room | 3.24 x 4.9 m | N/A | Basement |
| Kitchen | 3.02 x 3.09 m | N/A | Basement |
| Dining Room | 3.02 x 1.43 m | N/A | Basement |
INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Hydro Meters for each unit, 1 gas Meter. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today!
Last updated
Apr 23
Virtual tour
None
Basement information
Finished, Separate Entrance
Building size
--
Status
In-Active
Property sub type
Triplex
Maintenance fee
$N/A
Year built
--
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