315 Centre Street

Original Remarks

7.1% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located within walking distance to all amenities. This fantastic investment opportunity has lots of unrealized upside potential, Unit 4 has a sizeable, finished attic space not being used and is not leased to the current tenant, spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval. Common areas are heated by gas.