5 Bedroom
2 Bathroom
1007 sqft
Fully Air Conditioned
Other
$850,000
Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood. (id:35544)
Property Details
|
MLS® Number
|
X12177438 |
|
Property Type
|
Multi-family |
|
Community Name
|
Riverside Park |
|
ParkingSpaceTotal
|
9 |
Building
|
BathroomTotal
|
2 |
|
BedroomsTotal
|
5 |
|
Appliances
|
Dishwasher, Dryer, Water Heater, Microwave, Hood Fan, Stove, Washer, Refrigerator |
|
CoolingType
|
Fully Air Conditioned |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Other |
|
SizeInterior
|
1007 Sqft |
|
Type
|
Multi-family |
|
UtilityWater
|
Municipal Water |
Land
|
Acreage
|
No |
|
SizeDepth
|
59 Ft |
|
SizeFrontage
|
100 Ft |
|
SizeIrregular
|
100 X 59 Ft |
|
SizeTotalText
|
100 X 59 Ft |
|
ZoningDescription
|
R1b |
