Listed by Re/Max Hallmark First Group Realty Ltd..

70 Dundas Street W is a Multiplex, 2-Storey and is currently for Sale @ $785,000. Taxes in 2024 were $8,929.00.

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Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. The 2-Storey on 70 Dundas Street W has 9 bedrooms, 7 bathrooms, and is located on a 84.30 x 81.00 ft lot in the community of . Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $80,388 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Dont miss out on this rare opportunity to own a multi-family property in a desirable location.

The address 70 Dundas Street W was listed for sale (MLS# X9039453) on Monday, July 15, 2024.