Solid Investment Opportunity! Fully Leased 6-unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: This property is situated at a high-traffic corner and offers excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Dont miss this as-is, passive income opportunity. **** EXTRAS **** 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803) (id:35492)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | C8391534 |
Property Type | Multi-family |
Community Name | Cabbagetown-South St. James Town |
Bedrooms Total | 13 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 2551 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 132 Ft ,6 In |
Size Frontage | 19 Ft ,3 In |
Size Irregular | 19.28 X 132.56 Ft |
Size Total Text | 19.28 X 132.56 Ft |
Zoning Description | Commercial |
Contact us for more information
Felicia Pizzonia
Salesperson
(647) 313-3400
(289) 475-5524
www.internationalrealtyfirm.com/
Richard Foltys
Salesperson
(647) 313-3400
(289) 475-5524
www.internationalrealtyfirm.com/