Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential.
Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit.
All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance.
Don’t miss out on the chance to review the financials of this turnkey investment property and see the impressive returns it offers. Contact us today for more details!
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
52 - Preston North, 15 - Preston
Bedrooms:
24
Bathrooms:
10.0
(Full:-/Half:-)
Lot Details:
165 x 99.8
Lot Depth:
165'50.3 m
Lot Frontage:
99'10"30.4 m
Frontage Type:
West
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Concrete
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
11,128 sq. ft.1,034 m2
Finished Area Above Grade:
11,128 sq. ft.1,034 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Built-in Microwave,Carbon Monoxide Detector
Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Separate Heating Controls, Separate Hydro Meters
false
No
GARDEN STREET BETWEEN LAWRENCE ST AND CONCESSION ROAD
No
Carbon Monoxide Detector
HST Applicable To Sale Price:
Yes
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
RM4
Lot Site Features:
City Lot, Public Transit, Schools
Features:
Crops Included: No, Garage: No, New Construction: No