ATTENTION INVESTORS... TURNKEY 4-PLEX REVENUE PROPERTY on an INCREDIBLE LOT! Welcome to this FULLY RENTED corner property with 5 separate streams of income including the garage. All leases are available and in force until the spring of 2023. Included are FOUR 2-BEDROOM SUITES with a double detached garage with common area laundry located on either side of the building. Upstairs, there are two side by side units with 2 bedrooms each. Downstairs, are an additional 2-bedroom illegal suites. Current revenue is $4,220 per month and tenants pay for all utility costs. This could easily rise to $4,700 upon renewals in the spring as rents are below current market value. Essentially a turn-key revenue property for investors on a phenomenal massive corner lot that looks onto Confederation Park Golf course and backs onto Rosemont Elementary School. The lot is set back from 14 Street and has massive trees creating a natural barrier from the road. This property is situated in the heart of Rosemont siding onto Rosedale Drive with amazing redevelopment opportunity in the future. Updates throughout the years include new roof in 2013, New soffit and facia, New eavestrough, newer windows throughout and new garage doors.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
45 days / Neg
Possession Date:
May 01, 2023
Home Style:
Bungalow, Side by Side
Total Living Area:
1,807 sq. ft.167.88 m2
Main Level Finished Area:
1,807.64 sq. ft.167.94 m2
Below Grade Finished Area:
1,684.22 sq. ft.156.47 m2
Taxes:
$4,361 /
2022
Lot Area:
7,545 sq. ft.700.95 m2
Lot Frontage:
90'27.432 m
Levels:
One
Year built:
1959
(Age: 64)
Bathrooms:
-
(Full:-, Half:-)
Plan:
5488HM
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
Furnished:
Unfurnished
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Laminate, Tile
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached, Garage Faces Rear, On Street
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.