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$2,250,000
Status: For Sale
Welcome to your next investment opportunity. This property has a 2 large Modern legal non conforming fourplexs properties. Each Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. Properties are in a great area, close to 401, public transit, parks, shopping and more!
| Property Type | :Residential |
|---|---|
| MLS Number | :E11968041 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Feb, 2025 (34 Days ago) |
| Source | :TRREB |
| Area | :Durham |
|---|---|
| Postal Code | :
L1J 4A5
|
| Price | : $2,250,000 |
|---|---|
| Property Taxes | :$16328.60 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + 8 |
|---|---|
| No. of Rooms | :32 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Cross Street | :Park Rd S / Gibb St |
| Bathrooms | :12 |
|---|---|
| Fuel | :Electric |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :8 |
| Basement | :Finished |
| Garage | :None |
|---|
11 Feb, 2025
TREB #E11968041
Listed
$2,250,000
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