Vanier and Kingsview Park K1L 7L3
Canada

Property

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

Financials

Price:C700,000
($498,911)
(€429,696)
Annual Taxes:C3,767
505 Park Ave, New York, NY 10022

Welcome to 378 Enfield a true cash cow investment property with absolutely positive cash flow !

Description

Welcome to 378 Enfield - a true cash-cow investment property with absolutely positive cash flow! Located in an R2L zoning area, this property is legally approved as a rooming house with up to 7 bedrooms and also offers exceptional development potential. With further design, it can be redeveloped into a multi-unit apartment building from 6 units. Currently generating a gross monthly income of approximately $5,500, detailed cashflow and expense form ready for reference for serious buyer. This property is fully managed by a powerful professional property manager that has been handling all day-to-day operations smoothly - zero hassles for the owner. The main floor features 4 bedrooms, 2 bathrooms, a spacious kitchen, laundry room, and a bright living area. The basement includes 3 additional bedrooms, 2 bathrooms, and a full kitchen, ideal for flexible rental arrangements. Completely renovated in 2023, the home showcases upgraded plumbing, electrical, and HVAC systems, along with new insulation, fresh paint, and brand-new windows and doors throughout. This turnkey investment has been successfully operating for the past two years - a rare opportunity to own a high-performing, low-maintenance property with strong cash flow and future development upside!

Amenities

  • Auto Garage Door Remote

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.