Property Description

A rare opportunity for investors, this versatile property offers strong income potential with an impressive 8.8% cap rate. Ideal for multi-generational living or generating rental income, the home features two above-ground units. The upper unit includes 2 bedrooms + den, 1 bathroom, a full kitchen, living room, and in-suite laundry. The lower unit offers 2 bedrooms, a spacious rec room in basement, its own kitchen, living area, and separate laundry. Both units are filled with natural light and have individual hydro meters for added convenience. Thoughtful modern updates complement the home’s original charm and character, with two new windows in the lower unit. The property is currently vacant, providing flexibility for investors to set market rents or for buyers to move in and customize the space to their needs. (id:7434)