
Listed For $1,350,000
Added 3 months ago
2874 Square Feet
Investment
$10,901 Tax / yr
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Bedrooms
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Bathrooms
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Garages
2874
Square Feet
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Buy a paycheck, not a project. Welcome to 272 Pitt Street, a fully renovated mixed-usecornerstone asset offering exceptional cash flow with a proven Net Operating Income (NOI) of$104,040 and an impressive 7.7% cap rate. For investors seeking strong, stable returns, this property offers the potential to generate significant annual income from day one.This turnkey investment features six income-producing units comprised of four residential apartments and two established commercial units, providing a diversified and resilient revenue stream. More than $450,000 in capital improvements have been invested, leaving virtually no deferred maintenance for the next owner.Extensive upgrades include new electrical panels with separate metering, all-new PEX plumbing, brand-new hot water tanks, and a 100
Census area 35010247; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.