
Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements. (id:25325)
| MLS® Number | A2356067 |
| Property Type | Multi-family |
| Community Name | Beltline |
| Plan | A1 |
| Total Buildings | 1 |
| Constructed Date | 1910 |
| Construction Material | Wood Frame |
| Exterior Finish | Wood Siding |
| Fire Protection | Alarm System |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Size Exterior | 9989.4 Sqft |
| Size Interior | 9,989 Sqft |
| Total Finished Area | 9989.4 Sqft |
| Type | Multi-family |
| Acreage | No |
| Size Depth | 39.78 M |
| Size Frontage | 11.89 M |
| Size Irregular | 470.00 |
| Size Total | 470 M2|4,051 - 7,250 Sqft |
| Size Total Text | 470 M2|4,051 - 7,250 Sqft |
| Zoning Description | Cc-mh |
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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. 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. Used under license.