Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment)
in trendy Corktown steps to public transit, GO Station, mountain access & James Street amenities.
Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro, Upper Unit: $1,900 +
hydro, Lower Unit: $1,400 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44%
cap rate with 20% down at a 4.99% interest rate (30 year amortization) with current rents & liabilities
in place. Building features a new furnace, newer roof, luxury vinyl plank flooring, quartz countertops and
stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is complete with
soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom
apartment with an additional private patio area. Basement apartment has a private separate entrance
with a walk-out to the side yard. All units are occupied by single tenants. ***Can be packaged with
property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today!