




This 8-bedroom, 8-bathroom multi-family in Cornwall offers 5,000 sqft of living space. 2 storeys. The property has lot dimensions of 95.5 x 169.1 FT. The home features forced air, natural gas heating. Highlights include a 6-car garage.
Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:60351)
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Listed by GARRET MUNRO, RE/MAX AFFILIATES MARQUIS LTD.
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Listing represented by GARRET MUNRO, RE/MAX AFFILIATES MARQUIS LTD. · MLS# X12842682
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.