767 Second Avenue Tay, Ontario L0K 1R0

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$874,900

Attention Investors! HST included in the purchase price. This 2 year old purpose-built fourplex is fully leased with each of the four 1-bedroom units generating $1,600/month plus hydro ($76,800 total income per year). Each unit includes a private 6x16 on-site storage locker, offering added convenience and value to tenants. Yearly expenses: insurance $3200, taxes $3326, water/sewer $1800, grass $400 and snow removal $1076. Situated in an unbeatable location just steps from the water and scenic recreational trails, this property appeals to quality renters seeking both lifestyle and comfort. Whether you're a seasoned investor or just starting out, this is your chance to secure a modern, hassle-free asset in a desirable area. Invest with confidence and enjoy steady rental income from day one. (id:49605)

Property Details

Price $874,900
Bedroom(s) 4
Bathroom(s) 4
Property Type Multi-family
767 Second Avenue Tay, Ontario L0K 1R0

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