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First off"¦ Look past the chaos that the photos & VTour portray! This is a busy family! The unit itself is in good shape! Investors! Take note! This property offers a turn-key opportunity as it comes equipped with a great tenant and is leased at $1600/month plus utilities until May 31/22. This is a 4.8% cap rate - not bad for real estate-safe investing! It nets almost $14k per year! Situated in a desirable condo community and handy to all of the amazing amenities that Amherstview flaunts (great schools, sports, rec ctr, library, grocery, drug store, LCBO, Beer, etc), you should rarely have a problem securing a tenant! This spacious townhouse has 1200 sq.ft. of above-grade living space plus a finished lower level. 3Br's, 1.5 baths, LR/DR w/ hardwood floors, ceramic tiled kitchen, entry and bath, laminate flooring on 2nd level and lower level recrm and den, Comes equipped with 2 fridges, stove, washer, dryer. Diningroom opens to the deck which is being replaced by the Condo Corp. Some newer windows, newer furnace, 1 parking spot. So, yes, you must assume the tenant but why not start your source of passive income today??? (id:10452)
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|Architectural Style||2 Level|
|Square Feet||1200 sqft|
|Days On Our Website||28|
|Basement||Finished - Full (Finished)|
|Lot Dimensions||under 1/2 acre|
|Heating||Natural gas - Forced air|
|Exterior||Brick, Aluminum siding|
|Parking Type||No Garage,No Garage|
|Sewers||Municipal sewage system|
Listing Office: SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
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