ADDRESS
Call: 416-800-1055
PROPERTY TYPE
1 1/2 Storey, Fourplex Property
14 Rooms Total, 4 Kitchens
4 Parking Spaces
LOT SIZE
81.12 x 38.98
PROPERTY FEATURES
Unfinished Basement
Vinyl Siding Exterior
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SALES HISTORY
11/21/2024
FOR SALE
$1,250,000
SOLD COMPARABLES
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PROPERTY TAXES
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PROPERTY DESCRIPTION
Investors! 4 Cottage Complex Is Situated Just A Block From The North Beach Downtown And Is A Money Maker! 98% Occupancy With Many Repeat Clients. The 3 Bedroom Includes The Loft As 3Rd Bedroom, Gas Fireplace, Cathedral Ceiling, 4 Piece Bathroom With Laundry And Is The Largest Unit. The 2 Bedroom Unit With Gas Fireplace Also Includes A Loft As A Bedroom That Kids Love. The One Bedroom Is Very Cozy & A Bachelor Apartment Are Currently Rented To Year Round Excellent Tenants. All Units Have Appliances, A/C, Bbqs, Satellite Tv, Parking Spots, 200 Amps Service & Are Fully Furnished And Winterized. A Major Renovation 18 Years Ago And More Recently - New Porches On 1, 2, & 3; Replaced Interior Stairs In 2 & 3; New Bathrooms In 2, 3, & Bachelor; New Kitchen In 2 & Studio; Upgraded Insulation In Basement; A New Rental Water Heater/Boiler! The Boiler Heats The Two Smaller Units And Is Very Efficient. Baseboard Electric And Gas Fireplaces Heat The Larger Units. This Is A Great Investment Opportunity. Utilities $8891. Rents $1600/1200/ Weekly And Similar Pricing For Winter Tenants Monthly. The Two Smaller Units Are $1000 All Inclusive Monthly.
LEGAL DESCRIPTION
Lt 299 Pl 24 Stephen; Lambton Shores
Call: 416-800-1055
Book Showing
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