Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C489,900
($359,650.29)
(€312,481.24)
Annual Taxes:C3,609.45
505 Park Ave, New York, NY 10022

Description

Legal Triplex in Prime North Bay Location. Strong Cash Flow & Huge Potential! Welcome to 106 Fourth Ave. West, North Bay a rare opportunity to own a fully tenanted, legal triplex in a high-demand location just steps from shopping, transit, downtown and the library. Total Net Income: $31,500. 3 Self-Contained Units: 1-Bedroom Rented at $946 + hydro, 2-Bedroom Rented at $1,238 + hydro and 4-Bedroom Rented at $1,559 (facing Fourth Ave.) This property offers flexibility and income:Investors enjoy immediate returns with great tenants in placeOwner-occupiers move into the spacious 4-bed unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.

Amenities

  • Separate Heating Controls
  • Separate Hydro Meter

Legal Triplex in Prime North Bay Location.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.