$1,369,000
Available - For Sale
Listing ID: X10418773
403 PEACH TREE Lane , Manor Park - Cardinal Glen and Area, K1K 2R7, Ontario
| Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244. |
| Price | $1,369,000 |
| Taxes: | $6166.00 |
| Address: | 403 PEACH TREE Lane , Manor Park - Cardinal Glen and Area, K1K 2R7, Ontario |
| Lot Size: | 55.94 x 99.87 (Feet) |
| Directions/Cross Streets: | St. Laurent to Karen Way to Peach Tree Lane. |
| Rooms: | 0 |
| Rooms +: | 0 |
| Bedrooms: | 4 |
| Bedrooms +: | |
| Kitchens: | 0 |
| Kitchens +: | 0 |
| Family Room: | N |
| Basement: | Finished, Full |
| Property Type: | Triplex |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 5 |
| Pool: | None |
| Property Features: | Fenced Yard, Park, Public Transit |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
| Utilities-Gas: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RARE REAL ESTATE INC. |
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Dharminder Kumar
Sales Representative
Dir:
905-554-7655
Bus:
905-913-8500
Fax:
905-913-8585
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Ottawa |
| Municipality: | Manor Park - Cardinal Glen and Area |
| Neighbourhood: | 3103 - Viscount Alexander Park |
| Lot Size: | 55.94 x 99.87(Feet) |
| Tax: | $6,166 |
| Beds: | 4 |
| Baths: | 1 |
| Fireplace: | N |
| Pool: | None |
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