FANTASTIC INVESTMENT OPPORTUNITY! This 4-unit co-living property located within walking distance of Algonquin College features four spacious and modern residential units. Two 4-bedroom apartments and two 6-bedroom suites. Each unit boasts its own laundry facilities, which adds to the comfort of residents; and has an individual meter. Ideally located in a thriving and in-demand area, it benefits from constant occupancy and strong rental demand. This high-income fourplex building is appraised at $3.5 million. This means there is over $500,000 in instant equity. Perfect for investors looking to expand their portfolio, its proven income generation makes it an attractive purchase. Contact us today for more information. (id:4069)
Address |
1558-1562 BASELINE ROAD |
List Price |
$2,947,500 |
Property Type |
Multi-family |
Type of Dwelling |
Fourplex |
Area |
Ontario |
Sub-Area |
Ottawa |
Lot Size |
59.65 ft X 97.72 ft (Irregular Lot) Sq. Ft. |
Year Built |
2019 |
MLS® Number |
1379517 |
Listing Brokerage |
RIGHT AT HOME REALTY
|
Basement Area |
Full (Finished) |
Postal Code |
K2C0B3 |
Zoning |
R2F |
Amenities |
Furnished |