Description
Turnkey investment generating over 6% Cap rate! 2mins walk across the street to Fanshawe College Main Campus and 5 minutes walk to convenience stores and restaurants. Currently set up as student rental with 5 bedrooms fully rented till August 31 2025. Current total rent is 3425$/month. 3 bedrooms on the second floor with a full bathroom, 2 bedrooms in the lower level with large windows and a full bathroom. Spacious living room and dining area and updated kitchen on the main level. Appliances included, and water heater owned. A/C newly replaced in 2021. Fully renovated in 2022. Video tour and cashflow breakdown are available upon request. Great investment opportunity!
Additional Details
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- Unit No.
- 21
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- Community
- East D
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- Approx Sq Ft
- 1400-1599
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- Building Type
- Condo Townhouse
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- Building Style
- 2-Storey
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- Taxes
- $2705.78 (2024)
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- Garage Type
- None
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- Parking Space
- 1
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- Air Conditioning
- Central Air
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- Heating Type
- Forced Air
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- Kitchen
- 1
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- Basement
- Finished, Full
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- Pets Permitted
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- Condo Inclusives
- Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included
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- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP