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    Welcome home to 16 Terrace Hill Street, a well maintained and updated 4-plex multi-unit investment property with a generous lot frontage that consists of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Set your own rents! Two units (units 3 & 4) have been completely redone (including plumbing & electrical) in 2023 and are vacant & ready for new tenants. The remaining two units are successfully leased with great tenants. Lower unit is equipped with laundry facility, Second floor unit has laundry provisions, main floor and third floor unit has no laundry. Laundry provisions roughed in at detached garage. A detached garage and Two driveways offer ample parking (7 spaces total). Updates include: Units 3 & 4 are completely renovated, 2nd & 3rd floor windows replaced (2023), Hydro updated June 2023 to separate panels, Waterlines replaced (2023), Carrier HVAC updated (approx 2015) heats and cools main & lower units, Roof (2012/2021), Back deck (2021). Located in the family friendly neighbourhood of Terrace Hill neighbourhood, close to excellent schools, public transit, shopping and all amenities! Incredible opportunity for a turn key investment at 6.8% cap rate! (id:24093)
    Listed by Kate McGinnis and Andrew Evans of Re/Max Escarpment Realty Inc.

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    "Based on information submitted to CREA as of October 2, 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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