$600,000
Status: For Sale
Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 7.35% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $900/mo+ at todays interest rates. With an 8%+ Cash ROI and 13% ROI when factoring in principal repayment, this is a better return than both GICs and the stock market. With two spacious 2-bedroom units, a comfortable bachelor suite, and a rented garage space, this property is sure to exceed your investment expectations. Each of the 2-bedroom units is currently leased for $1,800 per month, while the bachelor suite commands a rental rate of $1,000 per month. Additionally, the garage space generates an extra $400 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, Western Fair complex, 100 Kellogg Lane, and public transportation, making it an attractive choice for prospective tenants. Don't miss out on this rare opportunity to secure a high-yield, income-generating duplex with immense potential for the future. Contact us today to schedule a viewing and take the first step toward growing your real estate investment portfolio.
| Price | :$600,000 |
| Property Taxes | :$1536.00 |
| Tax Year | :2023 |
| Cross Street | :Brydges |
30 Apr, 2024
TREB #X8285208
Available
$600000.0
420 Egerton St is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 420 Egerton St with a highly strategic location at the N5W 3Z3 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
420 Egerton St offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8285208 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 1536.00 and an attractive 600,000 while getting several vibrant East M benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and N5W 3Z3. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Detached for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Brydges. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $3,000 available on the 600,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $3,000 and other attractive incentives for buying this Commercial in Ontario and at N5W 3Z3. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8285208 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 420 Egerton St promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at N5W 3Z3 and you will find a value addition at 420 Egerton St by all means.
