$267,500

Congratulations on your new investment property! You have the opportunity to own a newly updated, solid brick two flat with 7 bedrooms and 3 baths on a great block. The first level unit is turnkey and features a duplex layout with 4 bedrooms, 2 full bathrooms, a spacious separate living room and dining room, an eat-in kitchen with stainless steel appliances, and beautiful original hardwood flooring. The basement has new finished flooring and includes a separate paid laundry area. The mechanics room holds 2 newly installed hot water tanks and a new high-efficiency furnace. The second unit has a tenant on a month-to-month lease, 3 bedrooms, 1 bath, and freshly painted kitchen cabinets. This unit also has original hardwood flooring. The property has a huge backyard with a 2 car parking slab. This area is a major focal point with Starbucks, Aldi's, and the new Save-A-Lot within minutes. Note that rents for a 4 bedroom 2 bath in the area are estimated to be $1500 or more, and $1250 or more for a 3 bedroom 1 bath. The seller is willing to assist with closing costs and this property qualifies for the $30,000 MMRP grant.