Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,750 sq. ft.255 m2
Finished Area Above Grade:
2,750 sq. ft.255 m2
Zoning:
C
Taxes:
$6,649.66 /
-
Community:
202 - Gibson/Stipley South
Exterior Features:
Brick
Community Features:
Community Centre
Structure Type:
House
Bedrooms:
6
Bedrooms Above Grade:
5
Bedrooms Below Grade:
1
Bathrooms:
4.0
Cooling:
Central air conditioning
Fireplace:
No
Foundation:
Block
Heating:
Forced air, Natural gas
# Storeys:
2.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Finished, Full
Lot Features:
Paved Driveway
Total Parking Spaces:
3
Floor
Type
Size
Other
Main level
Dining room
13'4"4.06 m × 12'3.66 m
13'4'' x 12'0''
Main level
Kitchen
11'7"3.53 m × 8'11"2.72 m
8'11'' x 11'7''
Main level
Living room
14'1"4.29 m × 11'4"3.45 m
11'4'' x 14'1''
Main level
Bedroom
11'3"3.43 m × 10'10"3.30 m
11'3'' x 10'10''
Main level
Bedroom
15'5"4.70 m × 12'8"3.86 m
15'5'' x 12'8''
Second level
Bedroom
14'2"4.32 m × 10'10"3.30 m
14'2'' x 10'10''
Second level
Bedroom
13'1"3.99 m × 9'10"3.00 m
9'10'' x 13'1''
Second level
Dining room
13'1"3.99 m × 10'9"3.28 m
10'9'' x 13'1''
Second level
Living room
15'9"4.80 m × 10'10"3.30 m
15'9'' x 10'10''
Second level
Kitchen
12'10"3.91 m × 7'9"2.36 m
12'10'' x 7'9''
Second level
Laundry room
9'1"2.77 m × 5'3"1.60 m
9'1'' x 5'3''
Third level
Living room
13'10"4.22 m × 13'1"3.99 m
13'1'' x 13'10''
Third level
Kitchen
14'8"4.47 m × 6'10"2.08 m
6'10'' x 14'8''
Third level
Bedroom
15'5"4.70 m × 13'7"4.14 m
13'7'' x 15'5''
Basement
Utility room
11'1"3.38 m × 3'2".97 m
11'1'' x 3'2''
Basement
Living room
18'8"5.69 m × 10'4"3.15 m
18'8'' x 10'4''
Basement
Laundry room
12'3.66 m × 4'9"1.45 m
4'9'' x 12'0''
Basement
Kitchen
12'1"3.68 m × 9'6"2.90 m
9'6'' x 12'1''
Basement
Bedroom
14'3"4.34 m × 12'10"3.91 m
14'3'' x 12'10''
Floor
Ensuite
Pieces
Other
Main level
No
4
Second level
No
4
Third level
No
4
Basement
No
4
View of front of home
View of front of home featuring a balcony and a porch
Doorway to property with a porch
View of tiled entryway
Living room featuring cooling unit and wood-type flooring
Living room featuring wood-type flooring and cooling unit
Dining area with sink, coffered ceiling, beamed ceiling, cooling unit, and light wood-type flooring
Data was last updated November 22, 2024 at 08:15 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$749,900
Min list price:
$299,900
Max list price:
$1,099,000
Avg days on market:
66
Min days on market:
1
Max days on market:
108
Avg price per sq.ft.:
$387.16
These statistics are generated based on the current listing's property type
and located in
202 - Gibson/Stipley South. Average values are
derived using median calculations.
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