Overbrook - Castleheights and Area K1K 1L3

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C1,149,000
($844,790.76)
(€717,298.18)
Annual Taxes:C5,488
505 Park Ave, New York, NY 10022

Description

It is an excellent opportunity for investors/Developers on a residential/commercial property with zoning AM10. The property is convinient with bus stops, shops, Tim Horton and rstaurants aroung. There is high demand for rent for this area so the building is never vacant. There are three 3 bedroom apartments with full kitchen, bathrooms and dining areas. The 1st apartment in lower level is rented for $2,200 a month; the second apartment is rented for $1,600 a month; the 3rd apartment is rented for $1,800 a moth. The rent can be potentially greatly increased reflecting market rent when new owner can arrange new lease terms and rates. Each apartment has its own hydro meter and gas meter.

It is an excellent opportunity for investors Developers on a residential commercial property with zoning AM10.


    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.