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BEDROOMS8
BATHROOMS8
KITCHENS34
ROOMSX11908988
MLSIDContact Us
Property Description
Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
47' x 125'
Fronting
North
Taxes
$16,476 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
None
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Listing contracted with Mysak Realty Inc.
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