11/13/2022
🚨FEATURED LISTING🚨
6 🛏 | 2 🛁
📣RARE OFFERED INVESTMENT OPPORTUNITY - GREATER THAN 5% CAPITALIZATION RATE.📣
1824 Forman Avenue is located in the prestigious Bel-Air Heights with an incredible location being only a 6 minute walk to Algonquin College. This bungalow has been converted to a LEGAL SECONDARY DWELLING in 2021 with all the proper channels followed and is fully permitted. The upper unit is rented at $2400 + hydro until April 1st 2023, and the lower unit is rented at $2200 + hydro until August 1st 2023 (separate 100 amp panels). Amazing tenants in both units (2 leases total). Each unit has 3 bedrooms 1 bathroom, 2 parking spots, private deck and own laundry. Massive $55,200 annual income (with potential to increase + parking rental), with $45,986 net. An investor or end users dream. Amazing opportunity to add a turnkey investment to your portfolio with little maintenance. 🏡
● SDU, 2021
● Upstairs Reno, 2021
● Roof, 2010
● Furnace, 2014
● A/C, 2014
● HWT, 2022
● Downspouts
● Gutter Helms, 2022
● Fence, 2021
If you are in the market looking to invest, buy or sell - we can help!
Curious to see what your home is worth in Today’s market? Call me for a FREE Home evaluation! 📣🏡
📞 613-404-5700
📧[email protected]
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