Inside the home
This is a three-unit income property — upper, main, and basement — in a solid 1910 red brick building in Downtown East Ward. All three units have been updated with white kitchens, subway tile bathrooms, and in-suite stacked laundry. The main floor unit is vacant, which means a buyer can set market rent from day one or occupy it themselves. The basement unit is the most finished of the three, with an open-concept kitchen and living area, a full bathroom with modern fixtures, and a separate walk-up entrance from the side of the building. Mechanical updates include a 2019 furnace, 2016 roof, and updated wiring and windows across both renovation cycles. The rear yard and detached garage are functional but well behind the interior in terms of condition. The basement stairwell entry shows moisture staining worth investigating before closing. Overall, the interior condition supports the investment thesis — the work has been done where tenants see it.
- Three self-contained units each with in-suite laundry
- Updated kitchens with subway tile and butcher block counters in all units
- Updated bathrooms with tiled shower surrounds throughout
- Finished basement unit with open-concept kitchen and living area
- Separate entrance to basement unit
- Central AC on main/upper, ductless mini-split on upper unit
- Updated windows, wiring, furnace, and roof per MLS
- Main floor unit currently vacant — set your own rent
Attention Investors! A beautifully updated investment property in excellent condition with very spacious units. Each unit shows well and has its own in-suite laundry, beautiful kitchens, updated bathrooms with tiled showers, attractive flooring, and spacious room sizes. The main floor unit is currently vacant so you can set your own rent for that unit and have the tenant pay their proportionate share of the utilities based on square footage, or live in the main floor unit and collect the rent to pay your mortgage. Recent updates include new roof shingles in 2016, new hi-efficiency furnace in 2019, updated windows in 2016 and 2019, updated wiring and breakers in 2016 and 2019, updated plumbing, maintenance free fascia, soffits, and eavestroughs, and a ductless system for heating and cooling for the upper unit in 2020. A great opportunity to own an updated investment property with excellent rental income and a high capitalization rate. Book a private viewing before it’s gone!