Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with a 5% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. Every aspect of the property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,136, this property offers a solid return in a market where stability and performance matter. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you wont want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:19720)
MLS® Number | X12184796 |
Property Type | Multi-family |
Community Name | 3502 - Overbrook/Castle Heights |
Amenities Near By | Public Transit |
Community Features | Community Centre |
Features | Flat Site, Carpet Free, Sump Pump |
Parking Space Total | 7 |
Structure | Deck |
Bathroom Total | 5 |
Bedrooms Above Ground | 4 |
Bedrooms Below Ground | 2 |
Bedrooms Total | 6 |
Appliances | Water Heater, Stove, Refrigerator |
Basement Development | Finished |
Basement Features | Apartment In Basement |
Basement Type | N/a (finished) |
Construction Status | Insulation Upgraded |
Exterior Finish | Aluminum Siding, Brick |
Foundation Type | Poured Concrete, Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2,500 - 3,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 124 Ft |
Size Frontage | 34 Ft |
Size Irregular | 34 X 124 Ft |
Size Total Text | 34 X 124 Ft |
Zoning Description | Am10(2199)am10(1211)5228 |
Contact us for more information
Brittany Saikaley
Salesperson
(613) 270-8200
(613) 270-0463
www.teamrealty.ca/
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