Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. See 176 Nassau: MLS #E11967883. Properties are in a great area, close to 401, public transit, parks, shopping and more! (id:54662)
MLS® Number | E11967924 |
Property Type | Single Family |
Neigbourhood | Vanier |
Community Name | Vanier |
Parking Space Total | 4 |
Bathroom Total | 6 |
Bedrooms Above Ground | 8 |
Bedrooms Total | 8 |
Appliances | Water Heater |
Basement Development | Finished |
Basement Type | N/a (finished) |
Exterior Finish | Brick |
Foundation Type | Poured Concrete |
Half Bath Total | 1 |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Type | Fourplex |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 100 Ft ,1 In |
Size Frontage | 54 Ft ,6 In |
Size Irregular | 54.58 X 100.16 Ft |
Size Total Text | 54.58 X 100.16 Ft |
Dan Plowman
Salesperson
(905) 668-1511
(905) 240-4037