Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is vacant, and can be rented out for $2300/month. The monthly income when fully rented out is about $5000/month. (id:374)
MLS# | 40668953 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 12 |
Listing Provided By | HOMELIFE LANDMARK REALTY INC | Roy Li |
Bed(s) | 4 |
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Bath(s) | 3 Total |
SQ Feet | 1,550 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | C2/RM3 |
Province | ON |
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City | Cambridge |
Postal Code | N3H3P8 |
Community Name | 53 Preston South |
Listing VS Median (in 53 Preston South) | |
Price: $849,900 low | high Med: $627,450 SqFt: 1,550 low | high Med: 1,392 $ / SqFt: $548 low | high Med: $453 On Site: 12 low | high Med: 45.500000 |