This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential! (id:32467)

Ammenities Near By

• Ammenities Near By: Public Transit, Schools, Place of Worship

Building

• Appliances: Water Heater, Refrigerator, Stove
• Basement Type: Partial
• Exterior Finish: Brick, Vinyl siding
• Fireplace: No
• Interior Size: 3499.9705 - 4999.958 sqft
• Building Type: Other
• Utility Water: Municipal water

Land

• Land Size: 32.1 x 126.9 FT
• Sewer: Sanitary sewer

Zoning

• Description: AC4 R2

Information entered by CENTURY 21 FIRST CANADIAN CORP
Listing information last updated on: 2024-12-20 21:20:28