Incredible Investment Opportunity in this recently renovated income property currently used as a 15 Room Fully Occupied rental. 3 Kitchens, 3 Bathrooms, 3 Laundry Facilities. Incredible Cap Rate & Flexible Close; NET over $75,000 Annually. Zoned C2;Mixed us for both Commercial & Residential so can be converted easily back into a full store front; Easily able to have variance done for C5 as it is surrounded by C5 properties. Confirmed can build UP & OUT. Set up to quickly switch to large triplex if desired with no renovations needed. Presently fully occupied with rents paid in full. Property well maintained and large parking areas on side of building & in rear. Recent renovations include: New Furnace last month, new ceramic tiling, new drywall, new kitchen, new washroom, new flooring, Basement renovated ! Quick close available. (2 A/C Units on Central Air & Furnace Owned) (id:2493)
Data was last updated April 18, 2025 at 08:15 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$657,450
Min list price:
$474,000
Max list price:
$1,250,000
Avg days on market:
23
Min days on market:
1
Max days on market:
213
Avg price per sq.ft.:
$338.25
These statistics are generated based on the current listing's property type
and located in
200 - Gibson/Stipley. Average values are
derived using median calculations.
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