Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,340 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today! (id:51532)
Tags
Property Summary
Property Type
Multi-family
Building Type
Fourplex
Storeys
1
Square Footage
2500 - 3000 sqft
Community Name
2010 - Chateauneuf
Land Size
100 x 105 FT
Parking Type
No Garage
Building
Bedrooms
Above Grade
12
Bathrooms
Total
12
Interior Features
Appliances Included
Water meter, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Features
Apartment in basement
Basement Type
N/A
Building Features
Foundation Type
Poured Concrete
Architecture Style
Bungalow
Square Footage
2500 - 3000 sqft
Building Amenities
Separate Heating Controls, Separate Electricity Meters
