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8 + 2
BEDROOMS5
BATHROOMS4 + 1
KITCHENS24 + 7
ROOMSX5987303
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-03-24 | 2023-07-28 | 128 | $1,499,900 | - | Expired |
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Property Description
Magnificent 4Plex In South Central Location Close To All Amenities. All The Units Are Rented And Have Two Bedroom Each Apartments Approx. 1000 Sqft And Basement Finish With Two Bedroom, Bath And Kitchen. Featuring 12' Ceilings, Hardwood And Ceramic Floors, Beautiful Crown Moulding, Gorgeous Character! Each Unit Has A Spectacular Sunroom. Meticulous Landscaping, Lots Of Parking, Interlock Drive And Concrete Rear Yard, Fully Fenced. One Of A Kind Deal For Investment Or Owner To Live In One And Rent Out Other Four. All The Measurements Are Approx.
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
67' x 121'
Acreage
< .50
Fronting
East
Taxes
$6,988 (2023)
Basement
Finished, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Other
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.58' x 14.47' | |
Dining | Main | 8.69' x 11.48' | |
Br | Main | 7.78' x 13.29' | |
2nd Br | Main | 12.07' x 12.07' | |
Bathroom | Main | 3.81' x 8.99' | |
Sunroom | Main | 8.60' x 10.70' |
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Investment Opportunity of a Lifetime! Welcome savvy investors, to 193 Balmoral, a recently renovated legal 4 plex with the approval for a 5th unit in the basement. Currently at $80k/year gross rent with the ability to easily get to $100k with the build of the 5th unit. Currently boasting four long term leased units: 2 x 1 br, 1 x3br and 1 x 4br.3 separate central hvac systems, 4 electrical and gas meters as well as insuite laundry allow for low monthly costs to landlord. Easy to manage investment property, can even live in one and rent the rest.
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