Investment Profile:
- Lot size: 50 x 127 ft
- Location: Excellent Hamilton Mountain location
- Fire retro fit: Complete
- No. of Suites: 2 x 2 bedroom, 5 x 1 bedroom, 1 Bach. and 2 Commercial
- Height: 3 storey
- Construction: All brick
- Balconies: none
- Roof: Flat roof approx. 12 years
- Windows Approx. 12 years old
- Laundry Equip: 1 set , owned
- Elevator: None
- Closest Street: Queensdale Rd.
- Parking: Outdoor for 7 vehicles
- Heated by: Natural gas, hot water boiler
- Hot water tank: Commercial 60 gal. is owned, 5 years old
- Included in rent: Heat and Water and Cable
- Hydro Tenant pays own hydro
- Appliances: 7 fridges and 7 stoves belonging to building
- Intercom: Yes
Comments:
Some very long term tenants
New chain link fence on south side
New tiles in bath surrounds in all but 1 unit
Rents well below market
Some plumbing updated (automatic air bleeders installed in each unit for heating system)
All copper plumbing throughout building
Separate hydro meter for each unit (60 a services for each unit)
2 BRM Suites are extra large
Financing:
Treat as clear.
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