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In-PersonVirtual Tour
$ 1,199,500
Est. payment | /mo
$ 1,199,500
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26009379
Year Built 1920
Property Sub-Type Freehold
Property Description
Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 7.34% cap rate, Excellent cash-flow with 5-year return at $138,097! Easy building to self-manage. All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact Listing sales rep for your private viewing and financials today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Flooring Mixed Flooring
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2.5
Others
Ownership Freehold
Listed by DEERBROOK REALTY INC.
NEARBY SCHOOL & BUSINESS