Fully Renovated Legal Duplex. Main Floor 2-Bdrm Unit Currently Rents For $1725+Hydro W/An A++ Tenant (Lease Until July 1, 2021). The 1-Bdrm Upper Unit Currently Rents Out For An Average Of $2858/Month As A Lucrative Short-Term Rental. Projected Gross Annual Income $54,996, Projected Annual Expenses $ 6,711. Projected Net Annual Income Of $48,285. This Property Yields An Est. Cap Rate Of 7.4% At List Price. See Documents Tab.
Inclusions: 2X Washers/Dryers; 2X Fridges; 2X Stoves; Hot Water Tank Owned. Exclusions: Tenant's Belongings.
|$699,000||Listed For Sale|
Updated: 21 May, 2021. Days On Market: 7 Days
Listing By: RE/MAX HALLMARK CHAY REALTY, BROKERAGE Information Updated: 2021-05-21 19:50:46.0The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.