Truly A Rare-Gem! Selling at a TRUE and Spectacular 4.3% Caprate! Entire Building Rented to a Reputable Non-Profit Organization for $7,000/month + All Utilities & HWT Rentals for 5 Years! NO Property Management, NO Vacancies, NO Lawn Care & NO Driveway Maintenance, All Taken Care of by Tenant! All Appliances Are Under 5 Year Warranty from The Brick! You DON'T pay for Anything Except for Property Taxes ($5,241 in 2022) & Property Insurance (Currently $3,300). $84,000 in Gross Rent & NET INCOME of $75,459 + Provisions for Annual Rent Increases! Sit Back & Relax as Rent is Deposited into Your Account Monthly From ONLY ONE TENANT! A True Investor's Dream! A Unique, Multi-Unit Apartment Building In One Of Ontario's Fastest Growing Cities! Close To $350,000 Spent In Major Upgrades & Renovations. ESA Certificate Available! Each Unit with Own Parking. 6 Hydro Meters, 6 HW Tanks. Common Laundry Room! One of the Best Deals Out There! NEW Eavestroughs, Soffits, & Downspouts (2022), Upgraded Electrical (2022), Upgraded Plumbing (2022), New Baseboard Heaters (2022), New Appliances (2022) New Smoke & CO Detectors (2022), New Back Deck (2022), New Awnings (2022), New Subflooring (2022), New Light Fixtures (2022), New Flooring, Baseboards, & Painting (2022), Brand New Kitchen Cabinets (2022), New Landscaping (2022), Potlights (2022), Some New Windows (2022), New Vanities, Toilets, Bathtubs, & Tiling (2022), New Bathroom & Stove Exhaust Fans (2022), Most New Doors (2022), Roof (2016). (44725387)
Property Type
Single Family
Subdivision Name
2086 - Eagle Place East
Time on REALTOR.ca
941 days
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