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Key Facts
Key facts for 255 Jarvis Street
Property Type
Apartment, 2-Storey
Parking
Detached 1 garage, 7 parking
MLS #
X7231194
Size
2000-2500 sqft
Basement
None
Listed on
2023-10-19
Lot size
50 x 138.18
Tax
$2,196 /yr
Days on Market
1103
Approximate Age
51-99
Maintenance Fee
-
Description
OVER 7.75% CAP RATE! Incredible legal triplex opportunity with over $52,000 projected income! Ideal for investors seeking positive cash flow or homeowners looking to offset expenses by living in one unit and renting the others. One unit currently vacant allows you to handpick tenants and set market ...rent for maximum returns. Other two units at or very close to market rents ($1500+hydro, $1283+hydro). Three spacious units, one 2 bedroom unit, two 2+1 bedroom units and plenty of parking! Detached garage for additional income potential. Separate hydro meters to ensure tenant responsibility, the landlord only pays for water. Individual HWTs, all owned. Units 1 & 2 have in-suite laundry. Recent updates: roof shingles (2021), bathrooms, kitchens, flooring, paint, drywall. Close to all amenities including the Peace Bridge.
