403 PEACH TREE Lane, Manor Park - Cardinal Glen and Area | Image 1

403 PEACH TREE Lane

Manor Park - Cardinal Glen and Area, 3103 - Viscount Alexander Park

  • 0 bed 0 bath
$1,369,000 est.*: $4,638/mo
For Sale

Added 2 weeks ago

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  • Type: Triplex

  • Lot Size: 55.94 x 99.87 Feet

  • Age: No Data

  • Taxes: $6,166 per year

  • Days on Site: 20 Days

  • Added: Oct 31, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 5 hours ago

  • MLS®#: X10418773

  • Listed By: Rare real estate inc.

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning and drawings for three additional bachelor units have been completed. The flat roof allows you to easily convert the property into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on the main level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional $275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rate of 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided for those interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs notice for showings due to tenants & 24 hrs irrevocable on all offers; as per form 244. Additional inclusions: 2 light fixtures in the basement., Flooring: Hardwood, Flooring: Laminate

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Property

  • Status: Sale

  • Property Type: Triplex

  • Area: Manor Park - Cardinal Glen and Area

  • Community: 3103 - Viscount Alexander Park

  • Availability Date: Immediate

Inside

  • Den/Family Room: No

  • Air Conditioning: None

Utilities

  • Gas: Yes

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Baseboard

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Garage Type: Surface

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT BLK E, PL 622 , AS IN N370185 ; S/T INTEREST, IF ANY IN OT323

  • Taxes: $6,166

Highlights

  • Feature: Fenced Yard

  • Feature: Park

  • Feature: Public Transit

Land

  • Cross Street: St. Laurent to Karen

  • Municipality District: Manor Park - Cardinal Glen

  • Fronting On: East

  • Parcel Number: 042760034

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 99.87 Feet

  • Lot Frontage: 55.94 Feet

  • Zoning: RU4A

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Map of 403 PEACH TREE Lane, Manor Park - Cardinal Glen and Area
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