Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.
The property has undergone extensive upgrades, including:
• Redecorated suites
• New boiler installed circa 2016
• Updated electrical system, including electrical panel
• Plumbing upgrades completed in 2012
• Roof replaced circa 2018 2019
• Low-maintenance landscaping with a small outdoor patio
This turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.
An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements.
Listing Brokerage: Michael Fleming Realty Corp.