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This fully rented 9-suite apartment building is an excellent investment opportunity, offering immediate cash flow and stable rental income. The building consists of eight spacious units, each with two bedrooms and a 4-piece bath, as well as one cozy 1-bedroom unit. Six of the units feature private balconies, adding extra appeal for tenants and boosting rental value. The location is highly desirable, with three schools—Fairview, GH Dawe, and Gateway School— close by making it ideal for families. Tenants will also benefit from the nearby bus stop and an abundance of local amenities within 5-10 minutes drive, including shopping, parks, and restaurants, ensuring convenience and a strong demand for the units. This property is a rare find, offering both stability and growth potential for the savvy investor. (id:57594)
| MLS® Number | A2164763 |
| Property Type | Multi-family |
| Community Name | Riverside Meadows |
| Parking Space Total | 9 |
| Plan | 7621574 |
| Appliances | Washer, Refrigerator, Stove, Dryer, Hood Fan |
| Constructed Date | 1976 |
| Construction Style Attachment | Attached |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Stories Total | 2 |
| Size Interior | 5100 Sqft |
| Total Finished Area | 5085 Sqft |
| Type | Apartment |
| Acreage | No |
| Size Irregular | 11326.00 |
| Size Total | 11326 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 11326 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R1 |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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