RENOVATED FOURPLEX on DOUBLE LOT with NEW ‘EVERYTHING’. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability.
Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
MLS Number | 40566156 |
Property Type | Residential |
Building Area | 3,207 Square Feet |
Architectural Style | Two Story |
Full Bathrooms | 4 |
Total Bedrooms | 7 |
Basement | Full, Partially Finished |
Above Grade Sqf | 3,207 Square Feet |
Cooling | Ductless |
Heating | Electric, Heat Pump |
Kitchen(s) | 4 |
Lot Size (Acres) | 0 |
Lot Size | 5,881 Sq.ft. |
Lot Size Source | GeoWarehouse |
Parking Spaces | 8 |
Sewage | Sewer (Municipal) |
Room 1 - Main level | Living Room |
Room 2 - Main level | Living Room |
Room 3 - Main level | Kitchen |
Room 4 - Main level | Kitchen |
Room 5 - Main level | Dining Room |
Room 6 - Main level | Dining Room |
Room 7 - Main level | Bedroom |
Room 8 - Main level | Bedroom |
Room 9 - Main level | Bedroom |
Room 10 - Main level | Bedroom |
Room 11 - Main level | Bedroom |
Room 12 - Main level | Bathroom 4-Piece |
Room 13 - Main level | Bathroom 4-Piece |
Room 14 - Second level | Living Room |
Room 15 - Second level | Living Room |
Room 16 - Second level | Kitchen |
Room 17 - Second level | Kitchen |
Room 18 - Second level | Dining Room |
Room 19 - Second level | Dining Room |
Room 20 - Second level | Bedroom |
Room 21 - Second level | Bedroom |
Room 22 - Second level | Bathroom 4-Piece |
Room 23 - Second level | Bathroom 4-Piece |