$845,000
$***,***
4+1-Bed
5-Bath
Listed on 2/16/24
Listed by ROYAL LEPAGE NRC REALTY
Tremendous opportunity for the right investor! This incredible property features a 2-storey duplex and a second building with a huge workshop & 2 upper level residential units. The main duplex unit offers potential rental income of $2800/mth. The 1-bed basement duplex unit has a separate entrance and is rented at $1200/mth. In the second building, the bachelor apartment is rented for $1000/mth and the 1-bed apt/loft is rented for $1500/mth. The workshop is a handy persons dream with approx. 870sqft of space, 2p bath, AC unit, a shop furnace (2019), an exhaust fan (2019), and its own 200amp electrical breakers. It has a potential rental income of $2000/mth. 3 storage pods located at the back of the property could generate extra income. In total, the property offers approx $8500/mth in potential rental income. Not to be missed is the desirable North End neighbourhood - a perfect, central location close to all amenities, on key bus routes, and major highway access.
Current Rents All-Inclusive: Basement Apartment ($1200/mth), Bachelor Apt ($1000/mth), Bachelor/Loft Apt ($1500/mth). Notes: Boiler (2019) & Hot Water Tank (2019) in the duplex, Water Tank (2024) in the second building.
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List Date | List Price | Last Status | Sold Date | Sold Price | Days on Market |
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XXX | XXX | XXX | XXX | XXX | XXX |
X8073458
Detached, Other
9+3
4+1
5
4
Other
10
51-99
Other
Finished, Full
N
Concrete, Vinyl Siding
Forced Air
N
$4,359.01 (2023)
< .50 Acres
166.00x49.00 (Feet)