3 units – New Toronto – Steps from the Lake
$1,599,000
Highlights
Units
3
Stories
2
Price Per Unit
$533,000
Lot Size
25ft x 123ft
Cap Rate
Rare Opportunity To Own A Detached Legal Triplex, With 2 Large 2 Bedroom Units + 1 Large One Bedroom Unit Just A Stones Throw From The Lake! Bright Units With Large Windows. Triple-Prime New Toronto Location; Walk To The Go, Lakefront Trails, Shopping, Schools, Parks, Restaurants And More. Main Floor Unit Has Walk Out To Deck And Backyard. Separate Hydro Meters, 3 Parking Spaces Onsite. Roof Re-Shingled 2015, Furnace Replaced In 2015, Newer Vinyl Windows. Turnkey With Pride Of Ownership Throughout. Gross Income Over $60K, Expenses – Taxes: $5,011, Insurance $1,987, Heat $2,440, Hydro $3,180, Water: $3,718. Turnkey With Pride Of Ownership Throughout. Excellent Tenants Or Perfect Opportunity For An End User, Live In 1 Unit And Rent Out The Other 2. Upside Potential Of 52% On All Rents.
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.