389 Elgin Avenue
Offered at: $224,900
MLS®: 202416176
Fantastic revenue opportunity. 2 bedroom unit (#2) rented to fantastic tenants for $1190/month plus utilities on a yearly lease up Oct 31, 24 but are renewing to 2025. Rent out the other side and manage yourself, or apply to hire the current management company to carry on for you. (Had been rented $1395 + utilities) Not quite for you? Live in unit 1 now, and allow the revenue of the other side to pay down your mortgage. Unit 2 is a 2 bedroom unit with insuite laundry and is on the top floor and basement, newer cupboards & 1 new window. Unit 1 is a 3 bedroom unit on the main floor and insuite laundry in the basement. Water and hydro are separately metered (no gas). Adorable front porch for both, and ample rear parking with room for 2-3 cars. This home is ready for you to take possession and start your revenue journey now!
Quick Stats
Key Home Data
2
BATH(S)
5
BED(S)
1794
SQFT
YES
SHOWING AVAILABLE
Property Type:
Residential Home Ownership:
Freehold
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