Property Information:
Outstanding triplex investment in Sydenham Ward! Discover an exceptional investment opportunity in the heart of Sydenham Ward with this remarkable all-brick triplex. The property features three well-designed, self-contained units: a lower-level 2-bedroom unit (leased $1,750/mth), a main-floor 3-bedroom unit (leased $2,700/mth), and a spacious top-floor 5-bedroom unit (leased $4,250/mth) - offering a prime opportunity to maximize rental income. Ideally located within walking distance to Queen's University, local hospitals, downtown shops and restaurants, and just three blocks from picturesque Lake Ontario, this triplex is perfectly positioned to attract quality tenants. Ample parking is available at the rear of the property via a right-of-way. This is a fantastic opportunity to enhance your investment portfolio or live in one unit while generating excellent income from the others. Total gross income $104,400; total expenses (including taxes) $25,640; total net income $78,760. Properties of this calibre and location are rarely available - schedule your private viewing today. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Triplex
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Basement Development:
Finished
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Basement Type:
N/A, N/A
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Exterior Finish:
Brick
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Fire Protection:
Smoke Detectors
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Floor Space:
2500 - 3000 sqft
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Foundation Type:
Stone
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Heating Type:
Baseboard heaters
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Heating Fuel:
Electric
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Cooling Type:
None
