Quadruplex built in 2001 on a concrete slab. Fully leased and renewed until June 30, 2025, consisting of 4 bright 4 1/2 units with an open concept, gas fireplace, outdoor storage, and 2 parking spaces per unit plus 2 visitor parking spaces. Large 24x36 concrete slab for a future garage (buyer must verify compliance with city standards). Roof covering 2019!Good rapport among tenants and reliable payers. Actual income of $47,700, enhanced to $49,620 as of July 1, 2024. Prime location: close to highways, amenities, and in a homogeneous neighborhood
Note that there are 4 hydro meters, so for common use such as exterior lights, the current owner deducts $30/month from the rent of 1711 to compensate. This balances with DV D2.6 A of $3,975/month before July 1, 2024.
On July 1, 2024, monthly rents will increase from:
No 1705: $980 to $1,020
No 1707: $1,020 to $1,060
No 1709: $1,020 to $1,060
No 1711: $985 to $1,025 minus $30 for common area electricity (*see note above)
The 2 lower units have a laundry room, and washer-dryer installations for the 2 upper units are in the bathrooms.
A location certificate has been ordered by the owners.
Attractive and in-demand apartments, easy to rent
INCLUSIONS
Concrete slab in the rear parking, 4 sheds attached to the building, 1 water heater of 10 years, 2 water heaters from 2023, and one super water heater, 1 built-in defective air conditioner, 2 functional wall-mounted air conditioners, 1 functional built-in air conditioner, 4 propane fireplaces.
EXCLUSIONS
all the tenants' belongings
Note that there are 4 hydro meters, so for common use such as exterior lights, the current owner deducts $30/month from the rent of 1711 to compensate. This balances with DV D2.6 A of $3,975/month before July 1, 2024.
On July 1, 2024, monthly rents will increase from:
No 1705: $980 to $1,020
No 1707: $1,020 to $1,060
No 1709: $1,020 to $1,060
No 1711: $985 to $1,025 minus $30 for common area electricity (*see note above)
The 2 lower units have a laundry room, and washer-dryer installations for the 2 upper units are in the bathrooms.
A location certificate has been ordered by the owners.
Attractive and in-demand apartments, easy to rent
INCLUSIONS
Concrete slab in the rear parking, 4 sheds attached to the building, 1 water heater of 10 years, 2 water heaters from 2023, and one super water heater, 1 built-in defective air conditioner, 2 functional wall-mounted air conditioners, 1 functional built-in air conditioner, 4 propane fireplaces.
EXCLUSIONS
all the tenants' belongings