Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with approximately 6% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. 2- 2Bedroom, 2- 1Bedroom & 1- Studio. 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:37351)
MLS® Number | X12270156 |
Property Type | Multi-family |
Community Name | 3502 - Overbrook/Castle Heights |
AmenitiesNearBy | Public Transit |
CommunityFeatures | Community Centre |
Features | Flat Site, Carpet Free, Sump Pump |
ParkingSpaceTotal | 7 |
Structure | Deck |
BathroomTotal | 5 |
BedroomsAboveGround | 4 |
BedroomsBelowGround | 2 |
BedroomsTotal | 6 |
Appliances | Water Heater, Stove, Refrigerator |
BasementDevelopment | Finished |
BasementFeatures | Apartment In Basement |
BasementType | N/a (finished) |
ConstructionStatus | Insulation Upgraded |
ExteriorFinish | Aluminum Siding, Brick |
FoundationType | Poured Concrete, Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2,500 - 3,000 Ft2 |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 124 Ft |
SizeFrontage | 34 Ft |
SizeIrregular | 34 X 124 Ft |
SizeTotalText | 34 X 124 Ft |
ZoningDescription | Am10(2199)am10(1211)5228 |
Contact us for more information
Brittany Saikaley
Salesperson
(613) 270-8200
(613) 270-0463
www.teamrealty.ca/