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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514
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5 / 5 stars – based on 121 reviews
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Excellent investment opportunity! Rarely offered purpose-built four-plex, each unit offering 3 bedrooms, 1 bath, in suite laundry hookups, and its own dedicated outdoor storage shed. Situated on a large corner lot, the building is designed for low-maintenance ownership with no interior common areas to maintain. Each unit also features its own paved driveway with parking for up to 3 vehicles. Current gross annual rents are $58, 860, and the property is already cash-flow positive, with substantial upside as units turn over. Tenants pay all utilities, except one unit where water is included. Unit 39 has been renovated and is leased for $2, 000/month plus utilities, demonstrating the true rental potential available for the building. With minimal upgrades to the remaining units as they turn over, the property’s total rent potential could reach approximately $96, 000 annually. As especially rare offering- this property delivers substantial cash flow. Ideal for investors or owner-occupiers alike, where income from the three rented units can significantly offset housing costs, creating the possibility of living here with minimal to no monthly out-of-pocket expense. A truly exceptional chance to secure a stable, cash-flowing multi-family asset with long-term growth potential.
Posted on ABHI D'OrricoTrustindex verifies that the original source of the review is Google. Great office vibe, greà t staff, including all home buying services. Your one stop shop for your realty needsPosted on Angela QarizadhaTrustindex verifies that the original source of the review is Google. Sold by angelaq.... get your real estate portfolio started... contact me for all your inquiriesPosted on tony miceliTrustindex verifies that the original source of the review is Google. I love the location and the friendly service you get is always been a pleasure and I've always been greeted with a fantastic cup of expresso and lovely girls over at the reception always willing to give a helping hand.Load more
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