$ 1,369,000
403 PEACH TREE LN Manor Park - Cardinal Glen And Area, ON K1K 2R7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,369,000
Est. payment /mo
Active
403 PEACH TREE LN Manor Park - Cardinal Glen And Area, ON K1K 2R7
UPDATED:
11/20/2024 11:04 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10418773
Style Unknown
Annual Tax Amount $6,166
Tax Year 2023
Property Description
Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and
drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the
property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the
main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional
$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate
of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for
those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for
showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in
the basement., Flooring: Hardwood, Flooring: Laminate
drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the
property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the
main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional
$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate
of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for
those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for
showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in
the basement., Flooring: Hardwood, Flooring: Laminate
Location
Province ON
County Ottawa
Zoning RU4A
Rooms
Family Room No
Basement Full, Finished
Interior
Interior Features Unknown
Cooling None
Exterior
Garage Unknown
Garage Spaces 5.0
Pool None
Roof Type Tar and Gravel
Total Parking Spaces 5
Others
Security Features Unknown
Pets Description Unknown
Listed by RARE REAL ESTATE INC.
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