Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 9 BR |
| Bathrooms: | 3 |
| Pets: | No Pets Allowed |
Financials
Price:C1,299,000
($946,700)
(€816,400)
Annual Taxes:C1,860.80
This is the perfect money maker to bring home monthly passive income.
Description
This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income.
Virtual Tour: https://listings.tourme.ca/sites/pgnmjvb/unbranded
Amenities
- Separate Hydro Meter
- Water Heater Owned
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.