$610,000
$630,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
SOLD DATE : 04/05/2025
Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 458 - Western Hill
MLS Listing ID X11973841
Sold Date 04/05/25
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,211
Tax Year 2024
Property Sub-Type Triplex
Property Description
INVESTMENT PROPERTY: This property located on a quiet, tree-lined street, offers a diversified blend of occupancies and a 7.27% CAP Rate. All units have separate entrances and hydro meters. The detached 1-1/2 car garage is leased out separately, providing additional revenue. There is a coin-operated laundry in the basement for the tenant's use. Two units are tenanted. Unit 1(basement) $1,050/month, Unit 2(main level) $1,700/month, Unit 3(upper) is vacant, market rent +/-$1650, Garage $300/month. Above Grade sq ft is 1612sf. Two tenants pay their own Hydro. Public transit is nearby, as are: parks, schools, eateries, gyms, hospital, 4-pad arena complex, and easy QEW/406 access. Income/Expense Sheet available. Add to your real estate investment portfolio today
Location
Province ON
County Niagara
Community 458 - Western Hill
Area Niagara
Zoning R2
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Water Heater Owned
Cooling Window Unit(s)
Exterior
Exterior Feature Deck
Parking Features Private
Garage Spaces 1.5
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.2
Lot Depth 81.6
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community Yes
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