$1,200,000

About this property

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units and approximately $7,200/month in rental income. The well-maintained property offers an attractive unit mix consisting of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing flexibility and strong appeal to a broad range of tenants. Thoughtfully updated throughout with modern finishes, each unit offers a comfortable, turnkey living environment with bright, functional layouts, spacious principal rooms, and well-designed floor plans. The property has been maintained with both tenant appeal and long-term ownership in mind. A standout feature is the oversized double detached garage, offering valuable additional storage and parking potential. Ample parking is also available at both the front and rear of the property, providing exceptional convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, helping simplify property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200/month in rental income, this investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong income and long-term appreciation potential. Whether you're expanding an existing portfolio or looking for a high-performing multi-residential investment, this rare offering delivers an outstanding combination of income, flexibility, efficient ownership, and long-term investment potential. (id:66946)

Features