C$649,000

Well-established Apartment building with Long-Term tenants (3 have been there over 10 years). 4 units are rented at $850 incl. gas-water-sewer. 2 units are rented at $1100 incl. gas-water-sewer (one has in-suite w&d). The bachelor suite in the basement is rented for $1100 incl. all utilities-most furnishings. The 4 units at $850 are eligible for rental increases on Oct 1st. Six units are 600 sqft (actual living space excluding the stairs), with the bachelor suite being 660 sqft as it has no stairs (access via the basement next to the utility room). RPR & Compliance Letter from 1998 is available. This complex is known as MAPLEVIEW APPARTMENTS to all the locals. (id:41202)