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$788,000
Status: For Sale
Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price.
| Property Type | :Residential |
|---|---|
| MLS Number | :X9358811 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (57 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | :
N5W 3B3
|
| Price | : $788,000 |
|---|---|
| Property Taxes | :$10804.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :9 + |
|---|---|
| No. of Rooms | :35 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :Yes |
| Cross Street | :Oakland Ave and Dundas St |
| Bathrooms | :9 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :3500-5000 sqft |
| Exterior Finish | :Brick, Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Part Bsmt |
| Garage | :Detached |
|---|
19 Sep, 2024
TREB #X9358811
Listed
$788000.0
