Strong Cash Flow & Excellent Investment Potential! This solid fourplex is an outstanding opportunity for investors seeking attractive returns and value-add potential. Featuring four spacious, bright 2-bedroom units with efficient radiant in-floor heating and in-suite laundry hookups, this property g...enerates over $90,000 in gross annual income. Three units currently rent for $1,950/month, with tenants paying their own utilities(separate gas and hydro meters), keeping operating expenses to a minimum. The fourth unit is currently vacant and freshly updated, offering an excellent opportunity to set market rent and maximize income. With a compelling 7.71% cap rate, low operating costs, and additional rental income potential, this property is well suited for both seasoned investors and those looking to expand their portfolio. Cash flow statement available upon request.
Full Property Details
Interior
Bedrooms
8
Total Bedrooms
8
Washrooms
4
Square Footage
3500-5000 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Bedrooms
8
Total Bedrooms
8
Washrooms
4
Square Footage
3500-5000 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
132.0
Front
60.0
Lot Size
60 x 132.0 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
None
Garage Spaces
0
Depth
132.0
Front
60.0
Lot Size
60 x 132.0 ft
Pool
None
Parking Spaces
8
Total Parking Spaces
8.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Central
Community
Central
Taxes & Fees
Taxes
$9,378 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$9,378 /yr
Tax Year
2026
Occupancy
Tenant
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