3 STOREY FREEHOLD PROPERTY FOR SALE ON MACDONELL AVE

• DISCOVER THIS IMPRESSIVE THREE-STOREY FREEHOLD MULTIPLEX OFFERING APPROXIMATELY 3,143 SQ. FT. OF LIVING SPACE ON A 25 FT FRONTAGE LOT.
• FEATURING A CLASSIC BRICK FAÇADE, THIS WELL-MAINTAINED PROPERTY COMBINES TIMELESS CURB APPEAL WITH OUTSTANDING INCOME POTENTIAL.
• COMPRISING 5 SELF-CONTAINED APARTMENTS, THIS PROPERTY IS A HIGHLY PROFITABLE, TURNKEY INVESTMENT IDEAL FOR BOTH SEASONED INVESTORS AND THOSE LOOKING TO EXPAND THEIR PORTFOLIO.
• 3-STOREY FREEHOLD PROPERTY.
• APPROX. 3,143 SQ. FT.
• 25 FT FRONTAGE.
• 5 SELF-CONTAINED UNITS.
• SOLID BRICK EXTERIOR.
• EXCELLENT INCOME POTENTIAL.
• PROPERTY BEING OFFERED TO MARKET AT A 4% CAPITALIZATION RATE.

RENT BREAKDOWN

• 3RD FLOOR (1 BEDROOM): $2,300.00
• 2ND FLOOR BACK (1 BEDROOM): $1,895.00
• MAIN FLOOR (2 BEDROOM): $3,500.00
• BACHELOR/STUDIO: $1,750.00
• BASEMENT (1 BEDROOM): $1,700.00
• TOTAL: $11,145.00 PER MONTH ($133,740.00 ANNUALLY)

ANNUAL EXPENSES

• HYDRO: $1,560.00
• GAS: $4,008.00
• INSURANCE: $8,400.00
• TAXES: $10,444.00
• TOTAL EXPENSES: $24,412.00
• NOI: $115,328.00