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| Lovely Hintonburg Investment opportunity with Cap rate of 4%. Brick/concrete, purpose built triplex with covered side entry. Three sunny apartments all very spacious 3 bedrooms, living room/dining room, kitchen & bath. Net income $37,976 with capacity to improve with some TLC. 4 hydro meters. 4 owned Hot Water Tanks. The lower unit utilities included – the two others pay electricity. Coin operated washer & dryer accessed from the side entry. Fire Retrofit certificate work complete – Certificates available if paperwork is located. Upgrades include furnace, windows, electrical, panels, roof-2004. Hardwood floors on first and second levels. 3 parking. Great area close to downtown, the Ottawa River, Plant Bath Recreation Center, Bayview LRT station. Month to month tenants. Hurry, Opportunity ! Property located at the corner of Laurel Street and Spadina Ave., Hintonburg. |
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