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Key Facts
Key facts for 70 Dundas St W
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 7 parking
MLS #
X9039453
Size
3500-5000 sqft
Basement
Partial Basement
Listed on
2024-07-15
Lot size
81 x 84.30
Tax
$8,929 /yr
Days on Market
186
Approximate Age
100+
Maintenance Fee
-
Description
Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property... has return on investment with a projected rental income of $82,596 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location.
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