$978,000
$989,899
1.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/08/2024
Key Details
Sold Price $978,000
Property Type Multi-Family
Sub Type Multifamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1412768
Sold Date 11/08/24
Year Built 1964
Annual Tax Amount $7,106
Tax Year 2024
Property Description
76K+ income & 65K+ cash flow! Charming duplex featuring a basement in-law suite nestled in a highly sought-after location, boasting proximity to public transportation, amenities, and easy access to 417 & Ottawa Parkway. This sturdy building showcases various updates over the years. The property boasts 4 hydro meters, 2 gas meters, 2 furnaces & 2 ACs. Enjoy a generous fenced yard with a spacious shed. The owner occupied spacious UPPER UNIT, offers 3 bedrooms, 1 bath with a projected rent of $2400 + hydro + gas. It features a roomy living/dining/kitchen area with ample natural light and a newer balcony. The MAIN UNIT, 3 bedrooms and 1 bath is rented of $2250 + gas + hydro since February 2024. The BASEMENT tenant has given notice to vacate end of November - expected new rent is estimated to be $1,750 + hydro. This is a solid investment opportunity in a fantastic location! Contact us today to schedule a personalized viewing and discover the full potential of this property.
Location
State ON
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Hardwood, Mixed
Exterior
Garage Carport Single, Open
Building
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Stone,Stucco
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