West Broadway has massive potential. Buy now while it's still affordable.
Professionally renovated building with 2-2 bedroom suites and 2-1 bedroom suites with a proven income of over $50,000/year.
Fully leased except for the main floor offering the opportunity for a live in investment opportunity, AirBnb or choose your own tenants.
Massive upgrade list in 2019/2020 including: New electrical service (with potential to seperate heat), fire escape, second basement entrance, 4 hot water tanks, 4 HRV's, 4 washers/4 dryers, 4 kitchens, fencing and more.
Each unit has their own washer/dryer/hot water tank/HRV.
Seperate Water and Hydro service (tenants pay for their own water and hydro use).
Rents are $1200 for the 2 bedrooms (1 is vacant) and $1000 and $850 for the 1 bedroom units for a potential income of $51,000/year and $42,012 after paying utilities, insurance and taxes.
Close to the charming Langside Grocery and the funky Sherbrook strip. Don't miss this rare opportunity.
5A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Four-Plex
Depth:
99'30.175 m
Frontage:
50'15.24 m
Heating:
Hot Water, Natural Gas
Parking:
Parking Pad
Total Parking Spaces:
4
Construction:
Wood & Frame
Downtown
Fire Alarm, Separately Metered Hydro, Separately Meter Water