Average square foot calculated using Size range provided by listing agent.
Description
Offers a great investment opportunity! A sought after south end detached house with a legal 2 bedroom apt with separate entrance. Big lot with a triple driveway can park for 6 cars! Located in a very sought after south neighborhood, close to Stone Rd Mall and right on the bus route directly to University! 4 bedrooms on upper unit and 2 bedrooms on lower unit. 2.5 baths, 1.5 in upper and 1 in lower. This house offers great return for the money you invested. It currently rented to a group of 6 for $3120/month till April, 2020. However, as today's market, this house could get up to $3900/month when you sign new lease, giving more than 6% Cap Rate for your investment! Want more return on your money invested? The big lot has potential for adding more units/living space for more income! This house is carpet-free for easy maintenance. New roof (2018) and newer windows (2016). Total expense on utilities (2018): Hydro $3767; Gas $424; Reliance $310. Do not miss out the great opportunity to own this Turn Key Operation, Nothing but Collect Money! **** EXTRAS **** 2 Fridges, 2 Stoves, Washers/Dryers and 1 freezer. Call now to book an appointment, 24 hr notice is needed.Show Description