Great Investment Opportunity! Large lot , .56 acres with plenty of Parking and no rear neighbours. Large detached garage/shed on the property with 60 amp service, potential for storage income. Updates include, but are not limited to: Furnace 2019, Drywall Fire Separations, Electrical, Air conditioning 2022, kitchen cabinets Unit # 1, 2019, new flat roofs, 2023, Septic cleaned and water tested regularly. The property has had 3 Apt. units for over 25-30 years. The buyer will need to conduct their own due diligence with the city regarding the property, as a legal non-conforming Triplex, at their own expense. Rental Income Apt. 1,2 bedroom $1700 per month, Apt. 2, 1 bedroom, $1500, Apt. 3, 2 Bedroom, $ 1400/mos. Property generates a total of $ 4600/mth. 2 of 3 leases are now m-t-m with the latest tenant on a 1-year lease. Summary of expenses available upon request. Above-grade square footage is an estimate. Enjoy the amenities & lifestyle offerings of lovely Manotick, walking distance to St Mark's High School & George Nelms Sports Park, a short commute to downtown and close to the 416. Don't miss this opportunity! Property and appliances are being sold " as is, where is " condition. SHOWINGS REQUESTS: 48 hours notice for Showings as the property is tenant-occupied.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
Tour in person or virtually. Free, with no obligation.
