Flooring Tile, Excellent Income producing Investment property features 3 large attached 4 bedroom Townhomes amp ; 10 outdoor parking spots Great Development Potential Zoned TM 2214 with multi use zoning ...


Property

Website:https://www.nestseekers.com/4321605
Address:
West Centre Town K1R 6H8
Ownership: For Sale
Type: Unknown
Bedrooms: 17 BR
Bathrooms: 10
Pets: No Pets Allowed

Financials

Price:C2,449,000
($1,757,600)
(€1,524,500)
Annual Taxes:C10,815

Description

Flooring: Tile, Excellent Income producing Investment property features 3 large attached 4-bedroom Townhomes & 10 outdoor parking spots - Great Development Potential - Zoned TM [2214] with multi-use zoning opportunities - Gross Income of approx. $120,072 - Great possibility of building expansion as townhomes are situated very close to the frontage line which could potentially increase income and potentially pay down mortgage very quickly with right expansion project - All 3 townhomes include good tenants, 4-Bedrooms & 2 Full bathrooms and have undergone extensive renovations. Each Townhome has it's own furnace, laundry, hydro meter & water meter resulting in tenants paying for all utilities resulting in a very strong Net Income of approx. $97,900 not including Mortgage costs. Located in one of the Main Corridors to the exciting Future Development of LeBreton Flats - walking distance to LRT Stations & minutes to Downtown/both Main Universities & many of the National Capitals major tourists attractions., Flooring: Hardwood, Flooring: Other (See Remarks)

Amenities

  • Unknown

Contact

505 Park Ave, New York, NY 10022

West Centre Town K1R 6H8