Property Description for 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 that 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:38686)
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Property Details
Property Tax
: $10,804 (2024)MLS® #
: X9358811
Home Features
Property Type
: MultiFamily
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Baseboard heaters, ElectricBasement
: Partial
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: Detached GarageExterior Features
: Brick, Vinyl siding
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