An excellent opportunity to expand your investment portfolio in the heart of Marda Loop. This BRAND NEW 8 unit complex is complete and ready for immediate possession. Situated on a large 50x125 ft. lot, on a tree lined street, just steps from river park and the heart of marda loop. Easy transit access to MRU and downtown. The upper 3 storey units offer over 1800 sqare feet on three levels, above grade and an addtional 575 square feet basement suites with separate entrances (Units can be connected to basement directly if desired) High quality modern finishes throuhout this spacious townhouse. Hardwood, quarts, stainless steel appliances, ceramic tiles. Each upper unit features three bedrooms and 3 and a half baths. An excellent main level with living, dining and large kitchen with Island. The second floor boats two large bedrooms both with large closets and ensuites. The top third floor showcases an amazing Primary suite complete with a huge walk in closet, large ensuite with walk in 2 person shower. Dual sinks, and a full east facing private balcony. The basement suites boast high ceilings, full moden kitchens, ensuite laundry and separate spacious bedrooms with large closets. Single detached garages for all units. (4) This build can be eligible for CMHC MLI Select financing. Rental rates in the area have remained stable with low pre dominant vacancy. Possible gross monthly income of $15k-$17k Furnished units can attain more and can be included in the purchase price as required. Full appliance packages for all 8 units included, and all units a separately metered. A great opportunity in a thriving community. (id:55577)
Property Features
- MLS® Number A2291909
- Price $3,550,000
- Square Footage: 7232 sqft
- Property Type: Multi-Family
- Community Name: Altadore
- Features Closet Organizers
- Parking Space Total 4
- Plan 1965p
Buildings
| Basement Development | Finished | Basement Features | Separate Entrance |
| Basement Type | Full (finished) | Constructed Date | 2026 |
| Cooling Type | None, See Remarks | Exterior Finish | Composite Siding |
| Flooring Type | Ceramic Tile, Laminate | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Interior | 7232 Sqft | Total Finished Area | 7232 Sqft |
| Type | Multi-family |
Parking
| Garage | |
| Detached Garage |
Land
| Acreage | No | Size Irregular | 580.00 |
| Size Total | 580 M2|4,051 - 7,250 Sqft | Size Total Text | 580 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
Agents and Offices
- Akbar A. Nimji
- Office: RE/MAX Realty Professionals