Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of $1,000+ per month, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today! (id:6673)
| MLS® Number | X12057410 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| AmenitiesNearBy | Public Transit, Park |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| ExteriorFinish | Brick, Stone |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit, Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft |
| SizeFrontage | 47 Ft |
| SizeIrregular | 47 X 99 Ft ; 0 |
| SizeTotalText | 47 X 99 Ft ; 0 |
| ZoningDescription | R2l |
Contact us for more information
Quinn Goodwin
Salesperson
Tyler Laird
Salesperson
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