41
1547 VERCHERES STREET
$1,800,000 Sale
Listed 2 hours ago
· 12
· 4.0
· 10
· 2500 - 3000
Key Facts
Key facts for 1547 VERCHERES STREET
Property Type
Apartment, Fourplex
Parking
Garage: No, 10 parking
MLS #
X12404404
Size
2500 - 3000 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,34...0 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:10452)
Similar Properties (No results)
Room Types
Bedroom 2
-
Dimensions 3.26 m x 3.17 m
111.24 sqft
Bedroom 3
-
Dimensions 3.65 m x 3.35 m
131.62 sqft
Dining room
-
Dimensions 4.26 m x 3.54 m
162.32 sqft
Listing courtesy of: FIRST CHOICE REALTY ONTARIO LTD.
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