14 unit rooming house under 1 head lease. Currently leased to Loft Community Services under a rooming house license paying $13,500.00 on a monthly basis. Purpose built building in terrific condition on a large 51 x 122' ft. lot. Parking for 5 cars. Please allow 48 hrs for showings.Almost a 6% cap rate **** EXTRAS **** AS PER SCHEDULE \"B\" - Full Legal Description: Plan D1342, Lt. 2, Pt. Lts 1 & 3, Pt. Lts 29, 30, 31 & 32 Plan D1344, Pt. Lt 40 (37028170)
Land Size
51.65 x 122.25 FT
Annual Property Taxes
$11,123 (CAD)
Time on REALTOR.ca
58 days
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