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6
BEDROOMS5
BATHROOMS5
KITCHENS19
ROOMSX11952541
MLSIDContact Us
Property Description
Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was rented out in 2024 at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-07 | 2024-11-30 | 115 | $899,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
72' x 132'
Fronting
South
Taxes
$5,540 (2024)
Basement
Full
Exterior
Stucco/Plaster
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Dining | Ground | 10.76' x 13.91' | |
Living | Ground | 18.37' x 12.63' | |
Kitchen | Ground | 9.12' x 8.33' | |
Br | Ground | 11.75' x 10.43' | |
Kitchen | Ground | 8.63' x 11.98' | |
Living | Ground | 18.31' x 11.52' | |
Br | Ground | 11.58' x 11.06' | |
Dining | 2nd | 10.83' x 13.88' | |
Kitchen | 2nd | 8.89' x 8.33' | |
Living | 2nd | 18.31' x 12.47' | |
Br | 2nd | 11.75' x 10.70' | |
Kitchen | 2nd | 8.63' x 11.38' |
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Listing contracted with Right At Home Realty








































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