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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
Listing Contracted With: COMFREE






