Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 5 BR |
| Bathrooms: | 3 |
| Pets: | Pets No |
Financials
DescriptionGreat starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal.Amenities- Deck
- Separate Hydro Meter
- Storage Area Lockers
Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal.
- Deck
- Separate Hydro Meter
- Storage Area Lockers
Great starter investment property with upside.
DescriptionGreat starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal.Amenities- Deck
- Separate Hydro Meter
- Storage Area Lockers
Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal.
- Deck
- Separate Hydro Meter
- Storage Area Lockers
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.
