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$2,250,000
Status: OFF MARKET
Amazing investment opportunity in the heart of Port Credit! Incredible location just steps to the Lake and Waterfront Trails! 4 Residential Units plus 1 Commercial Unit. 3 of the residential units have been beautifully renovated 2019 to 2022.Roof 2019, Furnace 2017, AC in Commercial Unit2022. Current Cap Rate is excellent at 4.8% with potential to rise to 5.4% with renovation of 4th unit. Great tenants, stable income flow. Lots of parking out back. All Units separately metered.
| Property Type | :Commercial |
|---|---|
| MLS Number | :W9297884 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :14 Nov, 2024 (455 Days ago) |
| Source | :TRREB |
| Area | :Peel |
|---|---|
| Postal Code | :
L5G 1G8
|
| Price | : $2,250,000 |
|---|---|
| Property Taxes | :$12504.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :Lakeshore Rd E & Cumberland Dr |
|---|
04 Sep, 2024
TREB #W9297884
Available
$2250000.0
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