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$199,900
Status: For Sale
Investment Opportunity Triplex with Commercial Zoning! This unique triplex offers an excellent investment opportunity with two properties on one lot, generating strong rental income and providing commercial zoning for added flexibility. Property Details: Two-Bedroom Unit Currently rented for $1,100/month One-Bedroom Unit Currently rented for $900/month Back House Currently rented for $1,095/month Additional Features: Three hydro meters, allowing tenants to pay their own electricity in the future Two gas meters for efficient utility management Fully tenanted, ensuring immediate cash flow Commercial zoning, offering long-term potential for business use or redevelopment This is a turnkey investment with stable rental income and the potential for increased revenue. Whether you're an investor looking to expand your portfolio or seeking a property with future commercial possibilities, this triplex is a rare find.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :T12054587 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :01 Apr, 2025 (15 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Cochrane |
|---|---|
| Postal Code | :
P4N 2R4
|
| Price | : $199,900 |
|---|---|
| Property Taxes | :$2572.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :9 |
| Heating | :Forced Air |
| Cross Street | :Waterloo |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :3 |
| Basement | :Partially Finished |
01 Apr, 2025
TREB #T12054587
Listed
$199,900
