Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 8 BR |
| Bathrooms: | 4 |
Financials
Price:C1,099,000
($778,100)
(€678,300)
Annual Taxes:C5,731.41
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus.
Description
Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location. New roof 2024.
Amenities
- 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.