This income property, featuring 6 units and generating excellent revenue, is a relatively new construction that represents an ideal investment for those seeking financial stability or looking to maximize their returns. With strong optimization potential, this 6PLEX, located in a prime area, can be sold separately (see MLS listings #28076566 and #22256224). Additionally, the option to convert the units into condos could significantly increase the overall value, making this a strategic choice for any investor looking for a profitable opportunity in a high-demand area.
This property consists of 6 spacious units, each with 3 bedrooms, all rented without heating and electricity included, which helps limit operating costs for the owner. The recent construction ensures peace of mind with minimal maintenance required in the short term, while its prime location guarantees high rental demand and a strong occupancy rate.
The significant optimization potential allows for increased revenue through rent adjustments, offering an interesting growth opportunity. Additionally, the option to convert the units into condos could significantly boost the property's value, making this a strategic investment. The 6PLEX, consisting of two semi-detached triplexes, can also be sold separately (see MLS listings #28076566 and #22256224), providing extra flexibility for potential buyers.
In summary, this property represents a rare opportunity to acquire an income-generating building that offers financial stability and appreciation potential in a high-demand area.
Building details and property interior
Dimensions
56' X 44' 11" irr.
Year constructed
2008
Living area
5,123.66 ft²
Windows
PVC
Window Type
Sliding, Casement
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Washer/Dryer (installation)
Other (AU)
Basement
Finished basement, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
91' 6" X 119'
Lot area
1,021.70 m²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (6)
Proximity
Daycare centre, Golf, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, CEGEP, Highway