Fantastic Investment opportunity with 6% CAP RATE! Legal triplex on a 31x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $59,160/year. Unit 1: 2 bed/2 bath rented at $1,900/month (all inclusive). Unit 2: 2 bed/2 bath rented at $1,500/month. Unit 3: bachelor/2 bath rented at $1495/month. Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 256 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood.
wechat/whatsapp contact：14166181235
HomeLifeInvestment » 258 Hannah Street, Vanier and Kingsview Park, ON K1L 7N2