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1421 D'ARCY STREET - Amazing investment opportunity. Your choice to rent all units and see a gross cap rate (ROI) of close to 8%, or LIVE for FREE in one unit and still see more than 6% cap rate. Free means principle, interest, taxes, utilities, and insurance! In addition to the rental income there is also a lucrative contract until 2032 with Microfit solar panels on the roof. Current usage shows gross annual income of $52,970, however it can easily see well over $60,000 for closing (for an estimated cap rate of over 10%). Anything that is not your style can be changed for closing, giving you Flexibility and Great profit. Virtual Tour

Property Details

  • ID: 1021955
  • Storeys: 1
  • New Construction: No
  • Style: Other
  • Fireplaces: 1
  • County: Canada
  • Status: Active
  • Parking Type Description: Detached 0 cars

Features

Basement Development Partially finished
Basement Type Full (Partially finished)
Community Features Family Oriented
Cooling Type None
Exterior Finish Brick
Fence Type Fenced yard
Flooring Type Hardwood, Laminate, Mixed Flooring, Wall-to-wall carpet
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Landscape Features Land / Yard lined with hedges, Landscaped
Other Fireplace Present - True
Pool Type Inground pool
Sewer Septic System
Transaction Type For sale
Listed By YOUR CHOICE REALTY CORP.