$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.
Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick
Basement:
Full, Partially Finished
Foundation:
Concrete Block, Stone
Roof:
Asphalt Shing
Number of Buildings:
0
Total Floor Area:
3,207 sq. ft.298 m2
# Main Level Bedrooms:
5
# Main Level Bathrooms:
2
Finished Area Above Grade:
3,207 sq. ft.298 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Ductless
Heating:
Electric, Heat Pump
Carbon Monoxide Detector,Dryer,Gas Stove,Range Hood,Refrigerator,Smoke Detector,Washer,Window Coverings,See Schedule B For Inclusions, Exclusions And Rentals Of This Property
Water Heater Owned, Dryer, Gas Stove, Range Hood, Refrigerator, Washer
See Schedule B For Inclusions, Exclusions And Rentals Of This Property
Data was last updated June 13, 2025 at 09:50 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$589,900
Min list price:
$375,000
Max list price:
$1,049,900
Avg days on market:
17
Min days on market:
1
Max days on market:
311
Avg price per sq.ft.:
$358.66
These statistics are generated based on the current listing's property type
and located in
2045 - East Ward. Average values are
derived using median calculations.