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This Is An Unprecedented Residential Investment Opportunity In ""Turn-Key"" Condition. Two Superbly Located ""Purpose-Built"" Detached Apartment Buildings At Dupont & Lansdowne. Being Sold Together As A Pair. Each 4-Storey Building Has 9 Suites - 18 Luxury Rental Suites In Total. These Mirror Image Buildings Were Designed, Engineered & Extensively Re-Constructed In 2016/2017. Excellent Rents & Great Tenants. Gross Income In 2021= $419,800. Higher Income In 2022. Net Income In 2021= $327,000. Most Suites Have Private Balconies/Outdoor Space. Front & Rear Staircases. Easy To Manage With ""State Of The Art"" Mechanical Systems & Infrastructure. All Suites Have Individual Ensuite Heating & Cac Systems (Fan Coil Units).16 Of 18 Suites Are Individually Hydro Metered. Immac Laundry Rooms W/Coin-Operated Machines & Individual Locked Cabinets Per Suite. Full Intercom Access Systems. Storage Lockers In Lower Level For Each Suite. Both Buildings Have Private Owner/Manager Offices With 2Pc Bathrooms.**** EXTRAS **** Excellent Mix Of Suite Sizes: 9 X 2-Bedrooms. 6 X 1 Bedroom Plus Den. 3 X 1 Bdrm. Full Smoke & Fire Suppression Systems (Sprinklers & Fire Hose Cabinets). Emergency Hallway Lighting Systems. Entire Perimeter Has Video Surveillance Cameras. (id:24093)
Listed by DOUGLAS GUBITZ and BROOKE BAROOTES of CHESTNUT PARK REAL ESTATE LIMITED

Property Details of 995&997 Lansdowne

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"Based on information submitted to CREA as of June 28, 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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