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CAONN6a344.5 Richmond St
344.5 Richmond St, Home with 0 bedrooms, 0 bathrooms and null parking in N6a ON | Image 1
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$874,999
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344.5 Richmond St, N6a, ON

Real Estate

For Sale

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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 3560 sqft
Garage No
Taxes $6,141
Days Active 80
Lot Size 
Approx. Age 
Avg. Price Per Sqft $245
MLS® Number X12045257

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 344.5 Richmond Street, an exceptional mixed-use investment opportunity offering a compelling 6% + cap rate at the asking price.This property features two newly renovated one-bedroom residential units, currently vacant, allowing the buyer to select tenants at market rates and a recently tenanted commercial unit on a 5-year lease. The property has undergone significant upgrades, including a brand-new roof (2024), as well as plumbing and electrical enhancements. Each unit is equipped with separate hydro meters and baseboard electric heating, leaving the landlord responsible only for water expenses. BONUS: Vendor willing to provide a first-position VTB! Located in a prime downtown area, this property offers exceptional returns and endless potential. Don't miss out on this outstanding investment opportunity! (id:58753)Show Description
MLS® NumberX12045257
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatBaseboard heaters
A/C
Heating Fuel

Extras

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