RARE DUPLEX WITH A THIRD POTENTIAL INCOME SUITE OFFERING EXCELLENT CASH FLOW AND FLEXIBILITY. TWO VACANT UNITS ALLOW YOU TO CHOOSE YOUR OWN TENANTS AT MARKET RENTS, WHILE THE MAIN FLOOR IS TENANTED AT $1200 INCLUSIVE. THE SECOND FLOOR FEATURES THREE BEDROOMS (INCLUDING FINISHED LOFT) WITH PROJECTED MARKET RENTS OF $1675/MONTH. THE BASEMENT SUITE, WITH PRIVATE ENTRANCE, OFFERS ADDITIONAL INCOME POTENTIAL WITH PROJECTED MARKET RENTS OF $1000/MONTH. EACH UNIT HAS SEPARATE LAUNDRY AND REAR PARKING. IDEALLY LOCATED NEAR THE UNIVERSITY AND U.S. BORDER, THIS PROPERTY COMBINES STRONG RENTAL UPSIDE WITH AN UNBEATABLE LOCATION. SELLER RESERVES THE RIGHT TO ACCEPT OR DECLINE ANY OFFER (id:4069)
Address
393 ELM AVENUE
List Price
$479,900
Property Type
Single Family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Windsor
Bedrooms
5
Bathrooms
3
Lot Size
31X110 Sq. Ft.
MLS® Number
25011367
Listing Brokerage
REMAX CAPITAL DIAMOND REALTY
Postal Code
N9A5H2
Zoning
RD1.3
Site Influences
Waterfront
Features
Double width or more driveway, Rear Driveway
