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$1,369,000
Available - For Sale
Listing ID: X10418773
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244.
Price $1,369,000
Taxes: $6,166
Address: 403 PEACH TREE Lane , Manor Park - Cardinal Glen and Area, K1K 2R7, Ontario
Lot Size: 55.94 x 99.87 (Feet)
Directions/Cross Streets: St. Laurent to Karen Way to Peach Tree Lane.
Rooms: 0
Rooms +: 0
Bedrooms: 4
Washrooms: 1
Kitchens: 0
Kitchens +: 0
Family Room: N
Basement: Finished
Full
No. of Pieces Level
Washroom 1:  3
Property Type: Triplex
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Property Features: Fenced Yard
Park
Public Transit
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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RARE REAL ESTATE INC.

403 PEACH TREE Lane , Manor Park - Cardinal Glen and Area, K1K 2R7, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Manor Park - Cardinal Glen and Area
Neighbourhood: 3103 - Viscount Alexander Park
Style:
Lot Size: 55.94 x 99.87(Feet)
Approximate Age:
Tax: $6,166
Maintenance Fee: $0
Beds: 4
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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