About Property

This exceptional Brand New Six unit, all brick Apartment Building, has been built with the highest quality and with attractive premium finishes throughout. It is comprised of six large 3 bedroom apartments. The kitchens are a chefs dream, with quartz counters & boasting high-end stainless steel appliances, (includes dishwashers) custom cabinetry with modern hardware, and large islands, perfect for entertaining or casual dining. Each unit has hardwood flooring throughout & in unit laundry. Each apartment unit is heated independently with heat pumps and electric baseboard heating and all have their own air conditioning. This stunning 6-unit build offers approximately 1,000 square feet per unit of modern living space, designed with comfort and style in mind. The open-concept layout found in each unit offers sleek hardwood floors throughout, ample recessed lighting, and a neutral colour palette for a bright and inviting atmosphere. Each unit includes three generously sized bedrooms with plenty of natural light, balconies, and storage options. Two beautifully designed bathrooms per unit, one of which being an ensuite, featuring modern fixtures and finishes, including a spacious walk-in shower in the ensuite and a bathtub for relaxation in the main bathroom. Additional amenities include in-unit laundry, in-unit climate control, a sleek wall-mounted heat pump system providing A/C, and a convenient layout for comfortable living. Lower units enjoy 9 foot ceiling height and huge windows. Ideally situated minutes from the Experimental Farm, the Civic Hospital and near to downtown. This property is close to public transit and each unit includes one parking spot. This 6 unit offers strong income with $16,000 in monthly rent - $2,750 for both main floor units and both upper units, and $2,500 for both lower units. Tenants pay hydro & heat. Gross Income is $192,000.00 and the NET INCOME is $171,00 per year.

Features