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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 that 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 | :19 Sep, 2024 (7 Hours 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 | :No |
Cross Street | :Oakland Ave and Dundas St |
Bathrooms | :9 |
Fuel | :Electric |
Approx Square Footage | :3500-5000 sqft |
Exterior Finish | :Brick, Vinyl Siding |
Parking Space | :3 |
Basement | :Part Bsmt |
Garage | :Detached |
19 Sep, 2024
TREB #X9358811
Listed
$788000.0