Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:54619)
Appliances
Window Coverings
Basement
Full (Finished)
Building Type
Triplex
Total Stories
1
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Community Features
Community Centre, School Bus
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:54619)
“REALTOR®, REALTORS®, and the REALTOR® logo are
certification marks that are owned by REALTOR® Canada Inc. and
licensed exclusively to The Canadian Real Estate Association (CREA).
These certification marks identify real estate professionals who are
members of CREA and who must abide by CREA’s By-Laws, Rules, and
the REALTOR® Code. The MLS® trademark and the MLS® logo are owned
by CREA and identify the quality of services provided by real estate
professionals who are members of CREA.”
“The information contained on this site is based in whole or in part
on information that is provided by members of The Canadian Real
Estate Association, who are responsible for its accuracy. CREA
reproduces and distributes this information as a service for its members
and assumes no responsibility for its accuracy.”
"This website is operated by a brokerage or salesperson
who is a member of The Canadian Real Estate Association."
“The listing content on this website is
protected by copyright and other laws, and is intended solely for the
private, non-commercial use by individuals. Any other reproduction,
distribution or use of the content, in whole or in part, is specifically
forbidden. The prohibited uses include commercial use, “screen
scraping”, “database scraping”, and any other activity intended to
collect, store, reorganize or manipulate data on the pages produced by
or displayed on this website.”