Property Information:
RENOVATED FOURPLEX on DOUBLE LOT with NEW ‘EVERYTHING’. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability.Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
Inclusions: All Electrical Light Fixtures. All Existing Appliances Included: 4 Fridges, 4 Stoves, 4 Range Hood, 4 Washer And Dryer, Carbon Monoxide Detector, Smoke Detector,4 Hot Water Tanks Are All Owned
Exclusions : Tenant Belongings