$899,999Asking Price
This fully rented 3-unit property offers an excellent opportunity for savvy investors looking to generate income from day one. Featuring a total of 7 bedrooms, the property currently brings in over $6,000 in monthly rental income. All units are occupied by reliable tenants who are willing to stay, ensuring immediate cash flow upon purchase. The building has been retrofitted, providing added peace of mind. The basement boasts exceptionally high ceilings, offering potential for future value-add opportunities. Situated in a highly desirable location, the property also includes a spacious backyard-perfect for tenant enjoyment or further enhancement. Whether you're expanding your portfolio or entering the market, this is a strong income-producing asset in a prime area.
This fully rented 3-unit property offers an excellent opportunity for savvy investors looking to generate income from day one. Featuring a total of 7 bedrooms, the property currently brings in over $6,000 in monthly rental income. All units are occupied by reliable tenants who are willing to stay, ensuring immediate cash flow upon purchase. The building has been retrofitted, providing added peace of mind. The basement boasts exceptionally high ceilings, offering potential for future value-add opportunities. Situated in a highly desirable location, the property also includes a spacious backyard-perfect for tenant enjoyment or further enhancement. Whether you're expanding your portfolio or entering the market, this is a strong income-producing asset in a prime area.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Upper | 7.97' x 11.98' | Custom Backsplash, Renovated, Open Concept |
| 2 | Breakfast | Upper | 9.42' x 11.98' | Eat-in Kitchen, Walkout To Deck, Ceramic Floor |
| 1 3-Piece Bathroom on Lower | ||||
| 1 4-Piece Bathroom on Upper | ||||
| 1 4-Piece Bathroom | ||||
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Madoc, Brampton is a west GTA neighbourhood notable for its singles, renters, business professionals, salespeople, tradespeople and manufacturing workers. Residents tend to be older with a significant number of babies and adults aged 30 to 34, 30 to 34, 30 to 34, 30 to 34, 30 to 34 and 30 to 34.
Kids Per Family
1.5
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Brampton (42%)
23%
of residents
are renters.
23% renters
Brampton (20%)
25%
of residents are
university grads.
25% university grads
Brampton (34%)Average Household Income
$105K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 15% |
| Business | 12% |
| Manufacturing | 7% |
| Government | 6% |
50%
of residents were
born outside of Canada.
50% immigrants
Brampton (55%)15.5% from India
All-time
5.8% from India
Recent
Foreign Languages
| Punjabi | 8% |
| Urdu | 4% |
| Spanish | 4% |
| Gujarati | 3% |
| Tagalog | 2% |
Religions
| Christian | 55% |
| Sikh | 11% |
| Hindu | 10% |
| Muslim | 8% |
| Buddhist | 1% |