Good property for 1st time investor who has about $250K down and are looking for economy of scale in an affordable legal triplex. This 3-unit building has a two-bedroom unit on the main floor, a two-bedroom unit on the second floor, and a one-bedroom in the basement. It grosses $49,702 with expenses of $11,306. A coin operated washer & dryer for tenant convenience generates about $1,800 annually. Hydro Apt1&3 paid by tenants. Insurance & utilities 2022, property tax 2023. 3 hydro meters are located in the kitchen cupboard of basement unit. Apt. #3 (top floor) has two parking spaces in tandem to left of the building. Apt #2 (main) has one parking space in front. Basement unit has no parking. Building is easy walking distance to the convenience of shops and services on Montreal Rd. MLS attachment has rent roll and additional information. HWT is rented. Forced air gas heating. Some photos were taken when a unit was vacant. Show Mon-Fri 11 am-4 pm. Sat & Sun. 1-4 pm. with 24 hrs notice. (id:24093)

"Based on information submitted to CREA as of December 4, 2023 . 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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