This semi-detached property is located in a central, family-oriented area of Brampton, very close to Gage Park, City Hall, LCBO, and boundless amenities. This raised backsplit has already been converted from a single-family layout to multi-family, featuring two self-contained units (not legal) with 3 bedrooms upstairs and 2 bedrooms downstairs. There are 2 separate entrances (back and side) to the basement apartment and a 1-car, built-in garage opening up the possibility for extra income. The upper unit will be immediately vacant for the investor to update or newly lease at full market rents! Don’t miss out on the fantastic portfolio addition!
We are selling our assignable purchase contract.
Closing is September 11th, 2020
**The upstairs tenant will be vacating the property on this date.**
**Basement tenant is up-to-date on rents but will not allow access to see the unit. We have also not had access and as such there are no videos or pictures of the basement unit.**
Please click HERE for more information and pictures.
Additional Features
PROPERTY FEATURES
3+2 bedrooms
2 full bathrooms
Built in 1977
Above grade: 1523 sq ft (as per MPAC)
Basement: 1010 sq ft (as per MPAC)
Upper unit: 3 bedrooms, 1 full bathroom
Set your own rent at market rates as this unit will be vacant!
Basement unit: 2 bedrooms, 1 full bathroom,
Rent: $900/month (will not be vacant)
Our acquisitions rep did NOT have access to basement, but did peek through the basement window and thinks the ceiling height is at least 6’8”
Balcony access from main floor unit
Includes side entrance and back patio entrance to basement
Vinyl windows (10+ years-old)
Roof is approximately 6-years-old
Upstairs tenant rented from the previous owner and claims the roof was installed during that time
HWT is believed to be a rental (Seller is currently verifying)
Gas furnace is in working condition
100 AMP breaker panel
1-car, built-in garage
Currently rigged with wood storage shelving
2-car, private parking spaces (double-wide)
2020 property tax: approximately $4,200
Lot size: 30 ft x 100 ft
Zoning: R2A (Buyer to verify zoning compliance)
We believe that this property is not a legal duplex but does have a full in-law apartment
PROPERTY NEEDS
Central AC is not working and needs to be replaced
The Seller is currently using window units
Cosmetic updating
