$899,900Asking Price
FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 16.04' x 11.75' | Laminate, Eat-in Kitchen, Pantry |
2 | Kitchen | Main | 11.35' x 7.81' | |
3 | Kitchen | Main | 16.77' x 9.19' | Laminate |
1 4-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom on Main Floor | ||||
1 2-Piece Bathroom | ||||
1 3-Piece Bathroom | ||||
1 4-Piece Bathroom |
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Brighton, Brighton is an east GTA neighbourhood notable for its singles, renters, university grads, education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 60 to 64 and seniors aged 65 to 84.
Kids Per Family
0.7
kids per family
in the neighbourhood.
36%
of residents are
single and loving it.
36% singles
Brighton (36%)
17%
of residents
are renters.
17% renters
Brighton (15%)
19%
of residents are
university grads.
19% university grads
Brighton (19%)Average Household Income
$91K
is the average household
income in the neighbourhood.
Professions
Sales | 12% |
Government | 9% |
Trades | 8% |
Business | 6% |
Management | 5% |
12%
of residents were
born outside of Canada.
12% immigrants
Brighton (10%)4.5% from UK
All-time
0.1% from Syria
Recent
Foreign Languages
French | 3% |
German | 1% |
Dutch | 1% |
Religions
Christian | 76% |