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$819,000
Est. payment /mo
8 Beds
4 Baths
2,585 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2585
Square Footage 2,585 sqft
Price per Sqft $316
Subdivision 2044 - Victoria/Arthur
MLS® Listing ID 40849131
Bedrooms 8
Property Sub-Type Freehold
Property Description
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning, Wall unit
Exterior
Parking Features No
Community Features Community Centre, School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by RE/MAX Escarpment Golfi Realty Inc.
NEARBY SCHOOL & BUSINESS
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552