Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants, newer tenants and a vacant 3 bedroom unit. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. Properties are in a great area, close to 401, public transit, parks, shopping and more! This is a great opportunity, whether you are an investor looking for cash flow, or someone looking to live in the building and have the other tenants pay your mortgage! (id:31684)
Property Features
Heating Information
Baseboard
Electric
Listing Courtesy: DAN PLOWMAN TEAM REALTY INC.
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Market statistics compiled from data from Canadian Real Estate Association.