Excellent opportunity to acquire a solid fourplex with positive cashflow and Over 8% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current/Estimated total rent is $68,307, with expenses of $13,084, resulting in net operating income of $55,223. Significant improvements have been completed in…

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Estimated payment. Does not include property tax, insurance, or condo fees.