This week, we're presenting a flexible property with 4 units: 3 one-bedroom units and 1 two-bedroom unit, making it suitable for a variety of buyers. It's an excellent investment opportunity, offering a 4.63% cap rate with significant potential for growth. This property is ideal for renting out due to its proximity to St. Clair, convenient transportation options, and abundant urban amenities. If you're looking to enter the real estate market rather than renting, this property is well-suited for professional singles, couples, empty nesters, those seeking a condo alternative, downsizers, siblings, or friends looking to live together. You can choose to reside in one unit and rent out the others to offset your mortgage costs while building equity instead of paying rent to a landlord. Alternatively, you have the option to transform this spacious three-story property into a single-family home and customize it to your personal preferences. Don't miss out on this excellent value.
Basement apt renovated in 2021, main fl apt fridge 2019 stove 2018, 2nd fl apt renovated 2017, 3rd fl apt renovated 2015. 2022 water proofed exterior rear of house, 2021 new windows in utility rooms.
Inclusions
4 fridges, 4 stoves, washer, dryer, coin boxes for laundry, electric light fixtures, blinds
Exclusions
Basement heater and dehumidifier, anything belonging to tenants.