8 Bedrooms
4 Bathrooms
5 Parking
2,585 sqft
$819,000
About this Multi-Family Commercial in Victoria / Arthur
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated wit…h modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:14735)More About The Location
Take HWY 403 W to Wayne Gretzky Prkwy south to Colborne St E to Rawdon South
Listed by RE/MAX Escarpment Golfi Realty Inc..
Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:14735)
More About The Location
Take HWY 403 W to Wayne Gretzky Prkwy south to Colborne St E to Rawdon South
Listed by RE/MAX Escarpment Golfi Realty Inc..
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More Details
- MLS® 40849131
- Bedrooms 8
- Bathrooms 4
- Square Feet 2,585 sqft
- Type Multi-Family Commercial
- Storeys 1 storeys
- Style Triplex
- Parking 5
- Frontage 120.00 ft
- Depth 40.00 ft
- Lot Size 4,800 sqft
Contact us today to view any of these properties
519-572-8069See the Location in Victoria / Arthur, Brantford
Latitude: 43.13503101
Longitude: -80.24677798
N3S3A4