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From Our Gallery

Description

Rare 5-unit purpose-built apartment building offering large 2-bedroom units with eat-in kitchens and in-unit storage. Three units have been renovated, while the remaining suites are well maintained and occupied by excellent long-term tenants. This solid brick building is designed for low-maintenance ownership and strong tenant appeal. Each unit is separately metered for hydro and water, and every suite has its own hot water heater with tenant-paid rental. A new front-door intercom system has recently been installed. Additional features include parking for 10 vehicles, coin-operated laundry, basement storage, and an office area with potential for conversion to an additional unit (buyer to verify). The property also includes a large detached brick garage with separate workshop area currently rented for additional income. Fully rented with a stable tenant mix of retired and working tenants, some of whom have resided here for more than 23 years. Turn-key investment opportunity with low vacancy, reliable income, and easy-to-rent units in a well-built building.

Location Description

Dublin St & Stewart St

Property Detail

  • Community: Town Ward 3
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 4
  • Bath: 3
  • Garages: Detached
  • Annual Property Taxes : $ 9235
  • sqft

Facts and Features

  • Foundation Type: Concrete-Poured Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 10
  • Parking Type : Detached

Amenities

  • Heating : BaseboardGas
  • Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE FRANK REAL ESTATE

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