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8 + 4
BEDROOMS7
BATHROOMS4
KITCHENS27 + 2
ROOMSX7374430
MLSIDContact Us
Property Description
Massive opportunity to sever this double lot legal fourplex into 2 duplexes. Or live in one unit and let the other 3 pay your mortgage. Or keep all 4 units rented out for one of the highest cashflowing properties you will find in this price range. Current rents: Unit 1: $1500 + Hydro, Unit 2: $1750 + Hydro, Unit 3: $1850 + Hydro, Unit 4: $2200 + hydro. All units are above ground, 4,935 sq ft + unfinished basement. 2 Brand new High efficiency furnaces. Sandwiched between 2 highrise buildings makes for incredible land value alone. Detached garage in the back could mean extra storage income or convert it into another accessory unit. High cashflow even with current mortgage rates. Main floor has two 2 bedroom apartments, upper levels have two 4 bedroom apartments. Each apartment comes with 2 living rooms. VTB available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-08 | 2023-12-31 | 206 | $999,990 | - | Expired |
| 2023-03-14 | 2023-05-19 | 66 | $949,000 | - | Terminated |
| 2022-05-25 | 2022-08-19 | 86 | $1,289,000 | - | Terminated |
| 2022-02-20 | 2022-03-14 | 21 | $1,399,990 | - | Suspended |
| 2019-02-01 | 2019-03-26 | 53 | $699,900 | - | Terminated |
Extras
2 Brand new furnaces, 4 fridges, 4 stoves, washer, dryer, 2 hot water tanks
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Property Details
Street
Community
City
Property Type
Fourplex, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
42' x 124'
Acreage
< .50
Fronting
West
Taxes
$4,446 (2023)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
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Listing contracted with Century 21 Empire Realty Inc
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