Orleans - Convent Glen and Area - 2007 - Convent Glen South
Orleans - Convent Glen and Area - 2007 - Convent Glen South
Sold For$650,000
Listed For $699,900
Sold Apr 2023
Amazing opportunity to buy a Duplex with Zoning to a larger multi-unit. The main floor apt has 3 bedrooms and the second floor has 2 bedrooms. Possibility to purchase the 2 properties next door to make a larger project. Amazing location within walking distance to most amenities such as transportation hubs and LRT, Place d'Orleans shopping mall, grocery stores, restaurants, gyms, and medical facilities, Duplex has 3 electrical meters, 1 for each tenant and a common element for the landlord. Each tenant pays $1200 per month plus their electricity. Landlord pays for Gas Ave. $115/M, water/sewer Ave. $102/M, and common element electricity Ave. $45/M. Main Floor tenant moving end of March which means you will be able to increase the rent to market rent and improve the cap rate., Flooring: Mixed
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