Property Information:
Excellent for 1st timer or investor (cap rate of 6.3%) currently vacant so you can set your own rents. Built as a duplex with 2 separate hydro meters , hydro panels ,1 gas meter, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 14 yrs, newer floors on both levels, roof 2012. (rental income is projected at 2200 main floor and 1600 upper floor, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at back through laneway. easy to rent. seller will leave vacant until sold. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Duplex
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Basement Development:
Unfinished
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Basement Type:
Full
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Exterior Finish:
Brick
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Foundation Type:
Stone
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Heating Type:
Other
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Heating Fuel:
Natural gas
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Cooling Type:
None