Description

This is the perfect home for an investor! Generate over 3.2 cap rate while having 3 bedrooms for yourself! Property can generate $99,000 a year in rents. Why Pay mortgage when you can own a property to pay for your mortgage! Contains Three 2 bedroom suites, with an option to get a fourth 2 bedroom suite and a studio. One of the current two bedrooms suite is the laneway rented for $2000/ month plus utilities. Property currently collecting $5400/month with upside! and upstairs is vacant. Easy to show! Contact me now for an investor's opportunity of a lifetime! Can generate 4.5 % cap if you rent whole house.

Taxes (2020): $5,564.15

Land

Frontage: 45.08", Depth: 158.7"

Features

Drapes Window Coverings

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