8-10 Johnson Avenue, Timberlea, (MLS® 202425839) RE/MAX nova
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8-10 Johnson Avenue, Timberlea

0 0 0 sqft
$1,500,000 Pending

Description

Exceptional Investment Opportunity in Greenwood Heights, Timberlea! New Construction Fourplex. pictures tell how clean and responsible the tenants are! Two (2) bedrooms units and two (4) bedroom units - fully rented building. Bright, modern open concept. Parking included for each unit. Large back deck for each unit. Each unit has its own power meter so tenants pay their own heat and electricity. Paved driveway. stainless steel kitchen appliances (Fridge, stove, microwave, washer/dryer combo and dishwasher) Energy-efficient heat pumps in each unit. Upper units size is 1909x2 =3,818 sqf. basement units size is 954x2 = 1909 sqf. Total living area of the 4 units is 5,728 sqf. upper units each rented for $3000. bottom units each rented for $2200. total income $124,800/year. expenses are minimal because tenants pay for power, heat and snow removal. GREAT OPPORTUNITY!

Listing Details

Address
8-10 Johnson Avenue, Timberlea, B3T 1E3

Status
PENDING
Listing Price
$1,500,000
MLS®
202425839
Type
n/a
Style
---
Age
0
PID
41506023

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate

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Garage & Parking

Garage
N
Details
no

Inclusions & Exclusions

Inclusions
all appliances, plus washer/dryer combo in each unit.

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

808

Median Age

35.2

Avg Household Size

3.0

Avg House Income

$104K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $256,000 ---
2023 $60,000 ---

Maps

Mortgage Inquiries

Last Updated On: 11/6/2024 6:15:44 PM (UTC)