Property Information:
Fantastic Investment Opportunity! This well-maintained brick 6-unit building features six spacious one-bedroom apartments full of charm and character, highlighted by natural woodwork, hardwood floors, and oversized closets. The property generates a current gross income of over $60,000 annually, with excellent potential for increased returns. A new boiler installed in January 2025 ensures efficient heating, while mostly vinyl windows and extra blown-in attic insulation enhance energy efficiency. The full basement offers a grade entrance, shared laundry facilities, ample tenant storage, and a finished unit currently used as a manager’s office, complete with a kitchenette and 3-piece bath with Additional features including six separate hydro meters plus a house meter. Ideally located near all major conveniences, including public transit, medical facilities, shopping, and quick access to the tunnel and bridge, this property provides excellent accessibility for tenants. Call to learn more.Sellers may consider holding a Vendor Take-Back (VTB) mortgage subject to approval. Call to learn more.48 HRS NOTICE FOR SHOWINGS & OFFERS . LTA APPLIES (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Multi-Family
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Amenities:
Laundry Facility
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Exterior Finish:
Brick
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Flooring Type:
Hardwood
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Foundation Type:
Block
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Heating Type:
Boiler, Radiant heat, Steam radiator
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Heating Fuel:
Natural gas
