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Attention savvy investors! This unique triplex offers tons of value whether you are just starting to build your portfolio or want to add to it. The main floor of the original home consists of a 2 bedroom apartment with a 3 pc bath, in unit washer/dryer, open kitchen, large living room and bright rooms. The lower level consists of another 2 bedroom unit with 4 pc bath, open kitchen, small living room and utility room. The show stopper is the 3 car garage with 2 pc bath and roughed in Gas heater that was constructed in 2009/10 with arguably one of the nicer 2 bedroom apartments above it that you will find in the area. The apartment features Gaylord hardwood flooring, 2 very spacious bedrooms, luxurious bathroom w/walk in shower, corner tub and fireplace. The rest of the apartment consists of a dedicated laundry room, large living room, bright kitchen and 2nd level balcony. All units are separately metered with each tenant paying their own hydro/heat. The roof was replaced in 2010, most windows 2009/2010, municipal water/sewer, gas at the road (to hook up the garage heater), parking for 5 vehicles + the garage. This building is the perfect opportunity for a tradesman/woman who wishes to run their business from the garage and live in one of the units on site or rent it all out. The tenants are excellent and wish to stay. Please reach out for the financial details. (id:24093)
Listed by Adam Rayner of SUTTON GROUP-MASTERS REALTY INC.,BROKERAGE

Property Details of 381 Palace Road

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"Based on information submitted to CREA as of September 25, 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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