Property Information:
Legal 6-Plex - Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 4.44% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Other
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Air Conditioning:
Yes
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Basement Development:
Finished
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Basement Type:
N/A, N/A, N/A, N/A
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Exterior Finish:
Brick
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Floor Space:
3500 - 5000 sqft
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Foundation Type:
Concrete
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Heating Type:
Baseboard heaters
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Heating Fuel:
Electric
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Cooling Type:
Window air conditioner
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Appliances:
Dryer, Stove, Washer, Refrigerator
