Fantastic Investment Opportunity in the Heart of Inglewood. Less than 1 Year Old 4-plex multi-family build fully tenanted with good Leases in place but with future opportunities to increase returns. 4 separated utilities and meters, each unit features 4 bedrooms, 3.5 bathrooms total including each fully finished basement. Excellent level of upgrade & spec, each unit also has one enclosed parking ( garage ) stall with parking behind each stall as well. Nice floor plans, full stainless steel appliance packages for each, granite countertops & good backsplash in every chef's kitchen, this is an excellent investment opportunity when comparing to other available multi-family choices. Proximity to future Blatchford lands, 124 Street, Westmount, Downtown, Parks, Community Leagues, good Public Transport & more yields excellent present & future cash flow opportunities. Increasing rents to market rent this summer only increases ones Cap Rate. Currently one Title therefore future owner has chance to condominiumize.More details
This 4-plex in Pollard Meadows has great Return On Investment! Each unit rents for $1295/ month for a total of $62,160/ year. The units are about 1235 square feet with 3 bedrooms, 1.5 bathrooms, in suite laundry, private yards and 2 energized parking stalls. This is a true 4-plex with separate addresses, entrances, metered utilities, furnaces and hot water tanks. The shingles were replaced 4 years ago. This is a great opportunity for a landlord to have 4 suites under one roof or for an investor to live in one unit and use the rent from the other 3 to cover most of the expenses.More details
Listing information last updated on March 17, 2018
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