THIS IS A GREAT OPPORTUNITY FOR A SMART INVESTOR! LOCATION LOCATION! THIS 12 UNIT BUILDING IS LOCATED IN A HIGH TRAFFIC LOCATION CLOSE TO EVERYTHING! EASY TO FILL! 8 X 1 BEDROOMS, 1 X 2 BEDROOM UNIT, AND 3 RETAIL SPACES FACING TECUMSEH ROAD! THIS INVESTMENT RUNS SMOOTH AND MAKE GREAT CAP! APPROX NET INCOME $51,000 ANNUALLY! AT THIS PRICE THE BUILDING HAS A 9.4 CAP RATE! SOME TLC AND THAT CAP RATE WILL RISE QUICK! THIS BUILDING WILL SELL FAST! LTA APPLIES. CALL FOR VIEWINGS! (3785289)
Property Type
Multi-family
Building Type
Multi-Family
Age Of Building
Older building
Annual Property Taxes
$13,517 (CAD)
Parking Type
Open (0), Covered (0)
Time on REALTOR.ca
3211 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.