Welcome to 306 Main Street! This spacious 4-unit offers electric baseboard heating, a nice backyard, is close to many amenities, and has low vacancy. This building is a solid investment with good numbers. Rents are low and are $520, $795, and 2 at $925/month. Total rental income - $37,980. Approximately expenses are: Electricity-$1800, Water/Sewer-$2800 Insurance-$1600 & Taxes-4693 Approx. total expenses-$10,893. Approx. net income-$27,087. This building has had many updates throughout the years including the roof (2022) and consists of 1-1 Bedroom unit, 1-2 Bedroom Unit, 1-3 Bedroom unit, and 1-4 Bedroom unit. This is a great investment property that is worth a look! (26900764)
Property Type
Multi-family
Annual Property Taxes
$4,693 (CAD)
Time on REALTOR.ca
75 days
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