ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Multiplex Property
14 + 8 Rooms Total, 2 + 2 Kitchens
4 Parking Spaces
LOT SIZE
53.00 x 98.00
PROPERTY FEATURES
Hospital, Park, Public Transit, School
Apartment Basement
Brick Exterior
Book Showing
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SALES HISTORY
01/11/2025
FOR SALE
$1,150,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
Prime Investment Opportunity In The Heart Of Carlington With Easy Access To Amenities. This Exceptional 4-Unit Multiplex Has Been Renovated And Offers Great Income Potential. Projected Annual Rental Income Exceeding $103K As Of May 2025. The Four Units Are Comprised Of Two Expansive 3-Bedroom Units On Main And Upper Floors (1387A And 1389A) And Two 1-Bedroom Basement Units (1387B And 1387B) With Their Own Separate Entrance. Currently, The Building Hosts A Great Tenant-Base. Basement Units Are Each Rented At $1800 Per Month (Both Leases End Dec 31, Month To Month To Follow), One Upper Unit Is Vacant (1389A) And The Other Upper Unit Is Rented At $2200 Per Month (1387A), Those Tenants Leaving At The End Of April 2025. Both Upstairs Units Could Rent For $2500 Each. Each Unit Has Its Own Laundry. Potential For Buyer To Occupy One Of The Upper 3-Bedroom Units. This Investment Property Is Perfect For First-Time Investors Looking To Enter The Market Or Seasoned Investors Adding To Their Portfolio. Power Of Sale Provisions Apply Therefore Property Being Sold As Is. 48 Hours Irrevocable On Offers.
LEGAL DESCRIPTION
Lts 586 & 587, Pl 346 , Pt Lt 585, Pl 346 , Part 5 , 5R13832 ; Ottawa/Nepean
Call: 416-800-1055
BATHROOMS
3-piece on 2nd level
4-piece on bsmt level
3-piece on 2nd level
4-piece on bsmt level
LIVING ROOM
Main Level, 6.88m x 4.05m
Hardwood Floor, Large Window
DINING ROOM
Main Level, 4.15m x 2.57m
Hardwood Floor, Large Window
KITCHEN
Main Level, 4.15m x 2.46m
Ceramic Floor, B/I Dishwasher, Window
PRIM BDRM
2nd Level, 4.89m x 3.16m
Hardwood Floor, Closet, Window
2ND BEDROOM
2nd Level, 4.73m x 3.16m
Hardwood Floor, Closet, Window
3RD BEDROOM
2nd Level, 3.04m x 2.42m
Hardwood Floor, Closet, Window
BATHROOM
2nd Level, 2.74m x 1.77m
Ceramic Floor, 3 Pc Bath, Window
LIVING ROOM
Bsmt Level, 4.75m x 2.26m
Laminate, Above Grade Window, Combined W/Kitchen
KITCHEN
Bsmt Level, 3.05m x 2.34m
Laminate, B/I Dishwasher, Combined W/Living
PRIM BDRM
Bsmt Level, 3.48m x 2.44m
Laminate, Above Grade Window, Closet
BATHROOM
Bsmt Level, 2.69m x 2.18m
3 Pc Bath, Laminate
LAUNDRY
Bsmt Level, 1.52m x 0.91m
Book Showing
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