Available for sale is a 7 unit rental property with commercial zoning, offering significant growth potential. This property includes an unfinished garage, loft, and accessory unit, along with a clean, dry basement (not part of the current NOI). The total above-grade square footage is 7,075 Sq. Ft. Key Features: Location- Downtown, with excellent walkability and just 450 meters from the LRT (Light Rail Transit) station. Current Rent Roll: Stable, generating a net operating income(NOI) of $73,000. Expansion Potential: Opportunity to increase the rent roll by finishing the garage, loft and accessory unit. Maintenance : No parking to maintain and clear. This property represents a solid investment with existing rental income and room for future growth. Don’t miss the opportunity to capitalize on a prime downtown location.
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