Description
Only a few minutes walk to amenities, this well-established all inclusive 6-unit rental complex never sees a vacancy. There are 3 two-bedroom units and 3 one-bedroom units varying in size from 818 sq. ft to as large as 1,155 sq. ft. The total square footage of living space is approx. 5,565. All units are equipped with a fridge, stove, laundry facilities and ample parking. The property has been well maintained by the current owners over the last 13 years. Unit #3 has just had a new shower surround installed. New roof shingles were added in 2021. The property rests on 1.94 acres of land zoned C3, ESA and O1 and does have the potential of being subdivided to add more rental units to a developer’s portfolio. This listing is complete with accompanying documents. At this list price, the cap rate is 6.61%. The property is heated electrically with baseboard heaters throughout.
Listing Details
9691 Main Street, Canning, B0P 1H0
ACTIVE
$575,000
202400955
n/a
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55010086
Municipal
Municipal
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Building Specifications
Concrete,Stone
Asphalt Shingle
Vinyl
Laminate,Softwood,Vinyl
