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From Our Gallery

Description

Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage.

Location Description

Gladstone Ave

Property Detail

  • Community: 4203 - Hintonburg
  • Property Type: Owner+Tenant/Residential Freehold
  • Bedrooms: 6
  • Bath: 3
  • Garages: Detached
  • Annual Property Taxes : $ 8627
  • sqft

Facts and Features

  • Foundation Type: Concrete
  • Counstruction Material : Brick-Stucco (Plaster)
  • Total Parking Space : 9
  • Parking Type : Detached

Amenities

  • Heating : OtherGas
  • Sewer : Sewer ,

Listing Contracted With: COMFREE

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