KWC - Elmira - Purpose Built Triplex - 15 minutes from KW - $599,900

Mike Milovick

Inspired Forum Member
REIN Member
Mar 15, 2008
503
11
18
Waterloo, Ontario, Canada
#1
$34,200 Gross Annual Income Available Here! Additional laundry income of $720 per annum. Tenants pay own electricity and gas!

Prepare to be impressed! Well maintained, purpose built triplex! Note unit format – two 3 bedroom units and one 2 bedroom.

Seller has converted building to natural gas forced air with each unit having its own furnace. Four electricity meters. Only utilities paid by owner is water and house electrical. Bonus garage situated on large surface parking lot. Most windows non-original having been upgraded to vinyl. Flooring in top unit updated in 2017.

Rare opportunity – very few purpose built multi-residential properties come available in Elmira (maybe one every couple of years). Exceptionally spacious units, this opportunity could work well for owner occupier. Always rented.

Investor work sheet with full financial work up is available to show how this property can work for you!

GetMedia5.jpg