Discover the potential in this renovated multi-residential property featuring a 6-unit multiplex at the front and a separate detached house at the rear. With 5 of the 7 units currently vacant, and the possibility to convert into an 8 unit property, this is a rare chance for a new owner to set their own market rents and maximize cash flow from day one. There are 2 additional 4-piece washrooms in the basement. Over $100,000 in recent renovations have already been completed, offering peace of mind and minimizing upfront capital expenditures. The property is ideal for investors seeking strong rental income, future appreciation, portfolio or step into the world of multi-unit investing, this property has tremendous upside potential. With so much already done and so much more possible, don't miss this unique opportunity. (40739981)
College Ave & Wellington Ave
Property Type
Multi-family
Age Of Building
51 to 99 years
Annual Property Taxes
$3,496.43 (CAD)
Time on REALTOR.ca
7 days
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