Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 7 BR |
| Bathrooms: | 3 |
| Pets: | Pets No |
Financials
Price:C499,000
($356,625)
(€306,648)
Annual Taxes:C2,180
Fantastic investment opportunity in the heart of London All brick Duplex is currently being used as a Triplex Annual income of 60, 000 delivering a 10 CAP RATE !
Description
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath was rented for $1,750/month inclusive, currently vacant. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month, inclusive month-to-month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
Amenities
- In-Law Capability
- In-Law Suite
- Separate Hydro Meter
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.