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Home Details

Description

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (id:39198)

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Additional media

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Property taxes

$4,819.24 per year / $401.60 per month

Basement

Full

Year build

2022

Type

Office

Bedrooms

null

Bathrooms

null

Parking spots

Total

Floor

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Balcony

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Pool

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External material

Stone | Stucco

Roof type

-

Lot frontage

-

Lot depth

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Heating

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Fire place(s)

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