Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Rooms: | 12 |
| Bedrooms: | 5 BR |
| Bathrooms: | 4 |
Financials
Price:C1,439,000
($1,028,400)
(€896,000)
Annual Taxes:C6,417.28
Welcome To 123 Seaton St !
Description
Welcome To 123 Seaton St! An Exceptional Turn Key Investment Opportunity In The Heart Of Cabbagetown, This Fully Tenanted And Extensively Renovated 3 Unit Property Generates Over $99,996 In Gross Annual Rental Income And Delivers An Impressive 5.8% Cap Rate. With Major Capital Work Completed, Separate Hydro Meters And Quality Tenants In Place, This Is A Rare Opportunity Offering Both Immediate Cash Flow And Long-Term Appreciation Potential. Set On A Charming, Tree Lined One-Way Street, The Property Features Exposed Brick, Hardwood Floors, Quartz Countertops, Stainless Steel Appliances And Ensuite Laundry In Every Unit. The Spacious Upper 3 Bedroom, 2 Bath Suite Offers Two Private Decks, Skylights, An Open-Concept Layout And Feature Fireplace, While The Main Floor And Basement 1 Bedroom Units Each Offer Private Outdoor Space. A Classic Brick Facade, Covered Porch, Front Garden And Rear Laneway Parking For Two Cars Complete The Package. Cabbagetown Is Benefiting From Substantial New Investment, Including The Future Ontario Line And Significant Residential Development Nearby. Steps From Cafes, Transit And Parks, This Is An Exceptional Opportunity To Acquire A High Demand Cabbagetown Income Property With Strong Fundamentals, Built In Value And Compelling Future Upside.
Amenities
- Carpet Free
- 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.