Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today! (id:4069)
Address
95 SPADINA Avenue
List Price
$999,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Hamilton
Bedrooms
6
Bathrooms
4
Floor Area
2,617 Sq. Ft.
Year Built
1917
MLS® Number
40678456
Listing Brokerage
Rock Star Real Estate Inc.
Basement Area
Full (Finished)
Postal Code
L8M2X4
Zoning
C
Site Influences
Hospital, Public Transit, Schools, Shopping
Features
Paved driveway
