09/14/2024
COMING SOON! Unique Investment Opportunity!
Take a look at this exceptional chance to own a multi-unit property in a prime location. Situated conveniently close to schools, downtown, and all essential amenities, this property is perfect for both seasoned investors and those looking to start their real estate journey.
Property Details:
Current Configuration: This property is presently a duplex featuring three spacious suites all currently occupied.
Upper Level: Two 2-bedroom suites, each offering generous living space.
Lower Level: One 2-bedroom suite with its own private back entrance.
Future Potential: The current owner is in the process of converting the duplex into a fourplex.
New Addition: The fourth suite, a spacious 1-bedroom unit with private access, is under development.
Permits & Approvals: Building permits, engineering plans, and ESA certification are all in place, streamlining the conversion process.
Investment Highlights:
In-Suite Amenities: Each unit is equipped with its own in-suite laundry facilities and all necessary appliances, which are included in the asking price.
Rental Income: The existing three units are currently rented on a month-to-month basis, providing immediate income.
Flexibility: Complete the conversion to a fourplex for increased rental income or maintain the current duplex configuration with spacious units.
Why Invest Here?
Prime Location: Central to schools, downtown, and amenities, ensuring high demand for rental units.
Income Potential: Live in one unit and let the rental income from the others cover your mortgage, or maximize your investment by renting all units.
Growth Opportunity: With all permits and approvals in place, the path to expanding the property’s potential is clear and ready for your vision.
Don't miss out on this rare investment opportunity to own a versatile and income-generating property. Contact us today to schedule a viewing and explore the possibilities!
Suite #1: $1339.55/mo - 2 bedroom + hydro
Suite #2: $1600.00/mo - 2 bedroom + hydro
Suite #3: $1600.00/mo - 2 bedroom + hydro
Suite #4 in development - 1 bedroom + hydro
*Landlord pays heat, water & sewer
Sewer and water $2,594.84 total 2023
Heat - natural gas: $5,621.31 total 2023 - incl 2 gas dryers
Reliance H20 rental approx $320.00 total 2023
*24 HR Notice please for any viewings
Contact Angela Kuchma, Broker today for more information and to schedule a viewing!
📲 807.468.0101
☎ 807.468.4573
📩 [email protected]
