London East N6B 1W6
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,799,900
($1,322,500)
(€1,129,800)
Annual Taxes:C13,541
505 Park Ave, New York, NY 10022

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building.

    Description

    13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.

    Amenities

    • Other

    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.