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$989,900
Est. payment /mo
8 Beds
4 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $494
Subdivision Central
MLS® Listing ID X13701478
Bedrooms 8
Property Description
Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Second level 0.1 m X 0.1 m Bedroom
Extra Room 2 Second level 0.1 m X 0.1 m Bedroom 2
Extra Room 3 Basement 0.1 m X 0.1 m Bedroom
Extra Room 4 Basement 0.1 m X 0.1 m Bedroom 2
Extra Room 5 Basement 0.1 m X 0.1 m Bedroom 3
Extra Room 6 Main level 0.1 m X 0.1 m Bedroom
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by HOMELIFE ELITE SERVICES REALTY INC.