50
1287-1289 Lawrence Avenue
$1,925,000 Sale
Listed 39 days ago
· 8
· 4.0
· 7
· 4018
Key Facts
Key facts for 1287-1289 Lawrence Avenue
Property Type
Apartment, Fourplex
Parking
Garage: No, 7 parking
MLS #
10350722
Size
4018 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1960
Maintenance Fee
-
Description
This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk... to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:10452)
Similar Properties (No results)
Room Types
3pc Bathroom
-
Dimensions 9'11'' x 12'7''
124.78 sqft
Bedroom
-
Dimensions 10'1'' x 14'1''
142.01 sqft
Bedroom
-
Dimensions 8'5'' x 12'9''
107.31 sqft
Listing courtesy of: Coldwell Banker Horizon Realty
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.