Courtesy of: DURGA PRASAD AARIPAKA, Salesperson, CENTURY 21 FIRST CANADIAN CORP
Courtesy of: DURGA PRASAD AARIPAKA, Salesperson, CENTURY 21 FIRST CANADIAN CORP
$788,000
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9 bed
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9.00 Bath
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Multi-family
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$788,000
1267 DUNDAS STREET Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66, 168 (projected $73, 368) and a Net income of $33, 372 (Projected $40, 572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:203)