Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity!
Broker: Re Max Aboutowne Realty Corp
Name | Attributes | Dimensions (LxW) |
---|---|---|
Kitchen | 2.97 x 4.29 | |
Family | 4.01 x 4.42 | |
Prim Bdrm | 4.29 x 2.87 | |
2nd Br | 3.66 x 4.5 | |
Bathroom | 3 Pc Bath | 1.88 x 2.97 |
Kitchen | 3.02 x 2.51 | |
3rd Br | 4.98 x 3.35 | |
Bathroom | 4 Pc Bath | 3.02 x 1.7 |
Kitchen | 2.69 x 4.85 | |
4th Br | 2.67 x 4.5 | |
5th Br | 2.24 x 5.97 | |
Bathroom | 4 Pc Bath | 1.5 x 3.53 |