Property Information:
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering strong, reliable income and outstanding long-term potential. The property features two updated 2-bedroom, 1-bath units, each with a crawl space, plus a newer 3-bedroom unit built in 2016. All three units are carpet free, thoughtfully updated, and offer functional layouts that appeal to quality tenants. Currently generating an approximate 4.5% cap rate, all three units are leased until December 31, 2026, providing stable, predictable rental income for investors seeking a turnkey addition to their portfolio. Ideally located close to shopping, schools, parks, public transit, and with quick access to Highway 403, this property offers convenience for both tenants and owners alike. Looking to expand your investment? 102 Sarah St. can also be purchased together with 101 Sarah St., located directly across the street, creating an exceptional opportunity to acquire two rare bungalow triplexes in one strategic investment. Don't miss your chance to own this unique income-producing property. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Bungalow
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Basement Development:
Partially finished
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Exterior Finish:
Vinyl siding
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Floor Space:
2470 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning, Window air conditioner
