Nest Seekers

Excellent investment opportunity in a prime location !

Vanier and Kingsview Park K1L 6H1
Canada

Listing

Web ID:5740389
Website:https://www.nestseekers.com/5740389

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 6

Financials

Price:C799,900
($571,600)
(€498,100)
Annual Taxes:C4,872

Description

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors.

Amenities

  • Accessory Apartment
  • Natural Gas

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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