Excellent opportunity to acquire quality, purpose-built 12-plex in convenient location close to all Lansdowne Street amenities and with easy access to Hwy 115, and located near the foot of George Street with easy access to downtown. Large 0.463-acre property (95 x 226) with ample paved parking. The building features 2 x 1-brm suites and 10 x 2-brm suites. Tenants pay their own hydro. Clean, renovated laundry room with coin laundry. Significant upside through market leasing on turnover, with the average rent nearly $600 below market. Single-owner property since 1977 (since construction.) (41490117)
Cross Streets: Lansdowne & Lock Streets. ** Directions: South side of Lansdowne Street, east of Lock Street.
Property Type
Multi-family
Building Type
Multi-Family
Annual Property Taxes
$36,201 (CAD)
Time on REALTOR.ca
55 days
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