Investment Opportunity: Units 1 (main floor) and Unit 3 (2nd floor) are currently vacant for a the opportunity to screen and vet your own tenants! Plus, bonus income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don’t miss the chance to add this asset to your portfolio.
Property Type:
Residential Income
Property SubType:
Multi-4 Unit
Listing General Location:
2041 - Terrace Hill, 2040 - Terrace Hill/E & N Wards
Data was last updated May 22, 2025 at 05:50 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$749,950
Min list price:
$399,900
Max list price:
$3,299,000
Avg days on market:
47
Min days on market:
3
Max days on market:
363
Avg price per sq.ft.:
$312.57
These statistics are generated based on the current listing's property type
and located in
2040 - Terrace Hill/E & N Wards. Average values are
derived using median calculations.