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. Average rent in the property is $2,299 per month plus all utilities.
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.
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:
No
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