Vanier and Kingsview Park - 3404 - Vanier
Listed For $1,495,000
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LOOK AT THESE NUMBERS: NET INCOME $92,583.00!!! Superb opportunity awaits the savvy investor searching for a renovated building with potential for stronger cash flow (present return 6.193% cap with GOI $115,392.00 and NOI $92,583.00/increases to $95,919.00 as of Oct 1st when Unit #1 turns over). It has been extensively renovated, boasting a high level of security and very stable tenants. Over 500K invested: new 2 storey front + rear covered balcony structures, bldg security, lighting, cameras, intercom, washrooms, kitchens, laundry added to 5 units, new electrical panels, wiring, unit lighting, appliances, flooring, paint, mailboxes, insulation, roof (30K 2024), secure doors, windows, garage renos +. Quality 6 unit building w 5 x 100% updated suites, one unit has a legacy tenant paying be
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* Values are estimates only and not a guarantee of lending or affordability.
