EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-DEMAND RENTAL
CORRIDOR! THIS RUSTIC PROPERTY OFFERS STRONG INCOME POTENTIAL WITH
PROJECTED GROSS ANNUAL INCOME OF APPROX $64,800 ACROSS 4 UNITS.
SITUATED ON THE CORNER OF UNIVERSITY AVE. W. AND MCEWAN AVE. THIS MOSTLY
BRICK TWO-STOREY BUILDING WITH FULL BASEMENT IS ZONED CD2.2 AND BENEFITS
FROM EXCELLENT VISIBILITY, STRONG RENTAL DEMAND, UPDATED STREE/SIDEWALK AND CONVENIENT ACCESS TO
PUBLIC TRANSIT.
THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL
OFFICE OR RETAIL USE-ONE CURRENTLY TENANTED, THE OTHER IS OWNER
OCCUPIED. SECOND FLOOR CONSISTS OF TWO SELF-CONTAINED 2-BEDROOM
RESIDENTIAL UNITS, BOTH FULLY OCCUPIED BELOW MARKET RENTS, PRESENTING
FUTURE UPSIDE POTENTIAL.
PROPERTY FEATURES INCLUDE A LARGE ASPHALT SURFACE LOT TO ACCOMMODATE 12
PARKING SPACES, 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND CENTRAL AIR FOR THE MAIN FLOOR AND OWNED HOT WATER TANK.
THIS IS AN EXCELLENT OPPORTUNITY TO ADD A VERSATILE
INCOME-PRODUCING PROPERTY TO YOUR PORTFOLIO. SELLER MAKES NO REPRESENTATIONS OR WARRANTEES, THE BUYER IS TO COMPLETE
THEIR OWN DUE DILLIGENCE.