Vanier and Kingsview Park - 3402 - Vanier
Vanier and Kingsview Park - 3402 - Vanier
Sold For$732,500
Listed For $679,000
Sold Mar 2021
A solid easy to manage income duplex with opportunity for growth. Two spacious units (3 bedroom and 2+office) currently nicely kept with great tenants. Zoned R4 and easily triplexable with lower level third unit possible - plans already drawn up and preconceived. This property offers all the perfect fundamentals for owner occupancy, first time investor or someone looking to increase their property portfolio. Nicely rented with room to grow and further maximize value. Current annual GOI - $40,560/ 4.6 Cap Rate with additional possible $1,500/ mnth a finished lower level unit. This neighborhood is fast upcoming, in the early stages of gentrification. Climb onto the rise up where statistical average increases in value are out pacing other areas of the city. A nicely sized conforming property
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* Values are estimates only and not a guarantee of lending or affordability.