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$349,900
Status: For Sale
This fully tenanted multi-family property offers a fantastic investment opportunity with two houses on a single lot. The front house contains two units, featuring a three-bedroom apartment (Unit A) rented at $1,993 per month + utilities, and a one-bedroom apartment (Unit B) rented at $750.90 per month + utilities. The back house consists of a single one-bedroom apartment (Unit C) and is rented at $1,422 per month + utilities. 2025 upgrades include a brand-new roof on both houses and full interior paint and refurbishment in Units A and C. A zoning compliance letter and fire retrofit certificate are available.The monthly total rent is $4,166, which is more than the 1% rule. This turn-key property is at a 8.79% Cap Rate. Come and have a look!
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :T13455878 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :29 Sep, 2026 (7 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Cochrane |
|---|---|
| Postal Code | : P0N 1G0 |
| Price | : $349,900 |
|---|---|
| Property Taxes | :$2062.78 |
| Tax Year | :2026 |
|---|
| Bedrooms | :5 + |
|---|---|
| No. of Rooms | :14 |
| Heating | :Forced Air |
| Cross Street | :Father Costello Dr & Grant St |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :2 |
| Basement | :Crawl Space |
29 Sep, 2026
TREB #T13455878
Deal Fell Through
$349900.0
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$349,900
68 Father Costello Drive, Cochrane, ON
Listing ID #T13455878
Price drop by $50,000
Price drop by $50,000