Sanket Patel Commercial Realtor
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property! (id:55254)
| MLS® Number | E4506845 |
| Property Type | Single Family |
| Amenities Near By | Park, Playground, Public Transit, Schools, Shopping |
| Features | Ravine, Flat Site, Park/reserve, Lane, No Smoking Home |
| Parking Space Total | 6 |
| Structure | Deck |
| View Type | Ravine View |
| Bathroom Total | 12 |
| Bedrooms Total | 10 |
| Amenities | Ceiling - 9ft |
| Appliances | See Remarks |
| Basement Development | Finished |
| Basement Features | Suite |
| Basement Type | Full (finished) |
| Constructed Date | 2019 |
| Construction Style Attachment | Attached |
| Fire Protection | Smoke Detectors |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Type | Insert |
| Half Bath Total | 3 |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 4,465 Sqft |
| Type | Triplex |
| Detached Garage |
| Acreage | No |
| Fence Type | Not Fenced |
| Land Amenities | Park, Playground, Public Transit, Schools, Shopping |
| Size Irregular | 179.87 |
| Size Total | 179.87 M2 |
| Size Total Text | 179.87 M2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Family Room | 2.32 m | 2.71 m | 2.32 m x 2.71 m |
| Lower Level | Den | 2.66 m | 1.73 m | 2.66 m x 1.73 m |
| Lower Level | Bedroom 4 | 2.65 m | 2.71 m | 2.65 m x 2.71 m |
| Lower Level | Bedroom | Measurements not available | ||
| Main Level | Living Room | 3.59 m | 3.49 m | 3.59 m x 3.49 m |
| Main Level | Dining Room | 3.16 m | 2.15 m | 3.16 m x 2.15 m |
| Main Level | Kitchen | 3.28 m | 3.61 m | 3.28 m x 3.61 m |
| Upper Level | Primary Bedroom | 3.99 m | 3.5 m | 3.99 m x 3.5 m |
| Upper Level | Bedroom 2 | 2.68 m | 3.4 m | 2.68 m x 3.4 m |
| Upper Level | Bedroom 3 | 2.6 m | 2.92 m | 2.6 m x 2.92 m |
| Upper Level | Bonus Room | 4.61 m | 3.78 m | 4.61 m x 3.78 m |
| Upper Level | Bedroom 5 | Measurements not available | ||
| Upper Level | Bedroom 6 | Measurements not available | ||
| Upper Level | Additional Bedroom | Measurements not available |
Contact us for more information

Jeneen L. Marchant
Associate
(780) 488-4000
(780) 447-1695