Excellent fourplex investment opportunity with a strong CAP rate. This turnkey revenue property generates $7,600 per month in rental income. The property is professionally managed per month, offering minimal owner involvement, with the option for the new owner to continue with current management. One time fees for finding tenants: $500 for the single Bedroom units & $650 for the two bedroom units. Management company charges for snow removal and repairs. Specific pricing is discussed between the Landlord and Management. Situated on a large 2.3-acre site zoned MX-1 (Mixed Use) under the City of Clearwater, the property allows for multiple business and mixed-use opportunities. Full zoning details and permitted uses are outlined in the supporting documents. Showings: A minimum of 24 hours’ notice is required for all showings. All showings must be booked through ShowingTime. The listing agent will coordinate directly with the management company to arrange access. Contact for further details. All measurements are approximate. (39735041)
Property Type
Single Family
Neighbourhood Name
Clearwater
Land Size
2.32 ac|1 - 5 acres
Annual Property Taxes
$5,890.11 (CAD)
Time on REALTOR.ca
14 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.