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PROPERTY FEATURES
- 2-storeys (as per MPAC)
- 8 bedrooms (listed as 7 bedrooms, as per MPAC)
- 3 bedrooms are located in Unit 1
- 3 bedrooms are located in Unit 2
- 2 bedrooms are located in Unit 3
- 3 full bathrooms
- 4-piece bathroom located in Unit 1
- 4-piece bathroom located in Unit 2
- 4-piece bathroom located in Unit 3
- Built in 1975 (renovation in 2002, as per MPAC)
- Above grade: 2288 sq ft (as per MPAC)
- First floor: 1144 sq ft (as per MPAC)
- Second floor: 1144 sq ft (as per MPAC)
- Basement: 1144 sq ft (as per MPAC)
- Shared coin laundry is located in basement, rate is $1/load (as per Seller)
- Separate entrances:
- Front door opens to main landing, with stairs to go either up or down
- Door at side of the building leads into Unit 1
- Additional door at side of the building leads into Unit 2
- Flooring is a mix of laminate, carpet, tile, and poured concrete
- Tub surrounds were updated in 2020 (as per Seller)
- All appliances are included
- 220 AMP fuse panel (Buyer to verify)
- Hot water boiler is owned, and is approximately 35-years-old (as per Seller)
- HWT is rented for ~$53/month, and was installed prior to 2014 (as per Seller)
- AC window units
- All basement windows were updated in 2016/2017, and main hallway window update occurred in 2016 (as per Seller)
- Roof was updated 10-years-ago (as per Seller)
- On municipal services
- Storage shed located in the yard
- Tenants are responsible for all yard upkeep, including lawn work and some snow removal (as per Seller)
- 2 paved driveways are located on on either side of building
- One side of the building has 2 parking spaces for Unit 1
- The other side of the building has 2 single spaces, for Units 2 and 3
- Free street parking is also available
- 4 hydro meters in basement (Buyer to verify)
- Property taxes: $3065.66/year (as per Seller)
- Hydro: $3348.22/year (2020 expenses, as per Seller)
- Insurance: $2445.33/year (2020 expenses, as per Seller)
- Gas: $2048.22/year (2020 expenses, as per Seller)
- Snow removal: $1000/year (2020 expenses, as per Seller)
- Cleaning: $400/year (2020 expenses, as per Seller)
- Lot size: 52 ft x 99 ft (as per MPAC)
- Zoning: R2 (as per MPAC)
UNIT BREAKDOWN
Unit 1:
- Located on the second floor
- 3 bedrooms
- Full bathroom
- 2 entrances
- Main entrance is from front door
- Features a second entrance, located at the side of the building
- 2 parking spots are reserved for this unit on the first driveway
- Tenants are responsible for all yard upkeep, including lawn work and some snow removal (as per Seller)
- Currently being rented for $900/month (utilities included)
- Length of tenancy: 7 years
- Please note, the original lease has expired and that the current tenants are living on a verbal month-to-month agreement.
Unit 2:
- Located on the first floor
- 3 bedrooms
- Full bathroom
- 2 entrances
- Main entrance is from front door
- Features a second entrance, located at the side of the building
- 1 parking spot is reserved for this unit, on the second, shared driveway (with Unit 3)
- Tenants are responsible for all yard upkeep, including lawn work and some snow removal (as per Seller)
- Currently being rented for $900/month (utilities included)
- Length of tenancy: 25 years
- Please note, the current tenants are living on a verbal month-to-month agreement.
Unit 3:
- Located in the basement
- 2 bedrooms
- Full bathroom
- Does not feature a second entrance
- 1 parking spot is reserved for this unit, on the second, shared driveway (with Unit 2)
- Tenants are responsible for all yard upkeep, including lawn work and some snow removal (as per Seller)
- Currently being rented for $850/month (utilities included)
- Length of tenancy: 7 years
- Please note, the original lease has expired and that the current tenants are living on a verbal month-to-month agreement.
PROPERTY NEEDS
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