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  • 1021 Victoria Avenue East
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1012 Victoria Avenue East - $399,900

This well-kept fully rented 4-plex with a small commercial unit on a main arterial street, is now available for sale and offers an excellent investment opportunity. The property boasts numerous updates, including five new electrical panels installed two years ago and all-new interconnected smoke alarms for enhanced safety. The commercial roof was replaced six years ago, and the main roof 18 years ago. A new hot water gas boiler and chimney were upgraded six years ago, while some windows were updated eight years ago. All bathrooms feature low flush toilets installed three years ago, and apartments 1, 2, and 4 have new vanities updated four years ago. Additionally, new laminate flooring was laid in apartments 1, 2, and 4 within the last one to three years. The hot water tank, owned by the property, was replaced six years ago. With its blend of modern amenities and solid infrastructure, this property represents a turnkey solution, making it an attractive and reliable investment. Don't miss out on this exceptional opportunity?contact us today for more details!

Wendy Ferris Sales RepresentativePresented by:

Wendy Ferris

Sales Representative

624-8452

ronandwendyferris@shaw.ca

 

Age

50+ yrs

Apartments

Apt 1 - 1 br

Apt 2 - 2 brs

Apt 3 - 1 br

Apt 4 - 1 br

Commercial space

 

Rents

Upon request

 

Facilities

4 apts with separate entrances

coin-op laundry

patio

rear parking

separate hydro

 

Access

Municipal road - main business district artery

 

Parking

rear parking

street parking

Area

McKellar Park

 

Taxes

$3518.50/yr approx.

Lot Size

33 ft x 118 ft

 

Heat Type

Hot Water Gas

boiler updated 6 yrs ago

Chattels Included

4 fridges, 4 stoves, washer/dryer

Updates & Extras

5 updated panels 2 yrs ago, all new interconnected smoke alarms, small commercial roof 6 yrs ago, main roof 18 yrs, boiler 6 yrs, some windows 8 yrs, bathrooms have low flush toilets 3 yrs ago, new vanities in apt 1,2 & 4 4 yrs ago, new laminate in apts 1, 2 & 4 3 yrs ago, Hot water tank owned 6 yrs old

 

                                           

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