Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential. Average rent in the property is $2,299 per month plus all utilities. Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit. All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance. Don’t miss out on the chance to review the financials of this turnkey investment property and see the impressive returns it offers. Contact us today for more details! (id:4069)
Address
415-435 GARDEN Street
List Price
$4,250,000
Property Type
Multi-family
Area
Ontario
Sub-Area
Cambridge
Bedrooms
24
Bathrooms
10
Floor Area
11,128 Sq. Ft.
MLS® Number
40704622
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Full (Partially finished)
Postal Code
N3H4E1
Zoning
RM4
Site Influences
Public Transit, Schools
