FOR SALE GOOD FOR INVESTMENT-FOURPLEX

Description
$439000

Centrally located 4 unit building with a Walk Score of 87 and a CAP Rate of 7.43% with good upside due to low rents and parking tenants. Unit composition is 2x 2 Bedroom & 2 x 1 Bedroom mix. Walking distance to shops, restaurants & close proximity to transit & downtown making it ideal for all types of tenants. Three units are currently rented and one vacant unit available for easy showing. Units have the following rents; Unit 203A 1 BD = $600, Unit 205 2BD $950, Unit 205A 2BD $850, Unit 203 1BD VACANT $750. Tenants pay their own heat/hydro & HWT rental. Landlord pays for water, property tax, insurance, and thats it! Easy to maintain and ideal for investors looking for cashflow, upside rent potential, land with R4 zoning for future development, or live-in landlord. This fourplex is cheaper then row-units currently for sale!
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Contact Information

Address:205 Ethel St, Vanier, ON K1L 5X1, Canada
City:City of Toronto
Postal Code:K1L5X1
Phone:613-604-XXXX (Show)
Asking Price:$439000

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On OKz since February, 2018

613-604-XXXX


Posted on: 07/01/2020 @ 09:25 am

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