Belleville - Belleville Ward
Listed For $999,000
Get Pre-approvedTerminated 11 months ago
This property is a multiplex home consisting of three fully rented apartments, offering immediate rental income. The annual Gross income is currently over $84,000. Seller is willing to do a first-position VTB. With the necessary consent already in place, the new owner has the opportunity to complete the conversion and transform the property into two separate homes, creating a semi-detached duplex. According to current zoning bylaws, each side of the duplex can be further developed into a triplex, maximizing its investment potential. Details of the current layout: 33 Everett Street: Features two apartments, one 1-bedroom unit ($1500) and one 4-bedroom unit($2400). 31 Everett Street: Includes one 3-bedroom unit ($3160) with the potential to add a 1-bedroom unit (market Value $3160). 31 Evere
* Values are estimates only and not a guarantee of lending or affordability.
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