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Building is now fully leased at 3400+3400+3350+3200=$13350 = $220,000 GOI! 4.7% cap rate at 3.3M. BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. Ideal as a straight investment or live in one of the luxury units and rent out the others. All units have separate hydro meters,in-unit laundry,SS appliances,6 covered bicycle parking spaces and AC. Each unit offers spacious,modern,layouts,overflowing with natural light. Fantastic central location close to Shops,restaurants,schools and transit. This multi-unit property will be complete in August 2022. (id:24093)
Listed by Steve Alexopoulos and Tarek El Attar of EXP REALTY

Property Details of 316 Somerset Street E

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"Based on information submitted to CREA as of May 23, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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