This well-maintained three-unit building brings in a gross annual income of $61,047, with a strong net income of approximately $43,042 after expenses such as property taxes, insurance, heat, hydro, water, and hot water tank rental. All units are currently tenanted on a month-to-month basis, offering flexibility for investors or those looking to occupy a unit while renting the others. The top unit is a two-bedroom, one-bath suite rented at $1,795 per month all inclusive. The middle unit is also a two-bedroom, one-bath rented at $1,497.25 per month all inclusive. The basement unit is a one-bedroom, one-bath rented at $1,795 per month all inclusive. Each unit features its own private entrance, and there is a shared laundry pair in the common area of the basement. This is an excellent opportunity to secure a strong income-generating property with stable tenants in place. (40901725)
Gregg Street and Avenue du Chasseur
Property Type
Multi-family
Annual Property Taxes
$6,226.42 (CAD)
Time on REALTOR.ca
18 days
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