$799,000

Fourplex

230 Garafraxa Street, West Grey, ON

3 DAYS
8
6
0
5,000
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Listed by Royal LePage RCR Realty

Property Highlights

Parking

7 spaces

Property Tax

$4,136/yr

Lot Size

< .50 ac

Style

2-Storey

Basement

Separate Entr., Full, Walk-Out, Finished

Monthly Cost

$3,719/mo

About This Home

4 plex in Durham, ON with incredible income potential. 10% cap rate based on projected rental rates. The largest unity was owner occupied and features a nicely updated kitchen, soaring ceilings and fireplace as focal point. This unit is 2 bedrooms, 2.5 baths, as well as a laundry room. Lower level apartment is a full walkout with 2 bedrooms, 1 bathroom, kitchen, dining, living and laundry. Main level front unit features 2 bedrooms, 1 bathroom, laundry, kitchen and living room. Second level apartment is 2 bedrooms, 1 bathroom, laundry, kitchen, dining and living room. All units are separately metered for hydro. Hot water and hot water heat throughout is fired by natural gas boiler (2012). Units are vacant, set your own rents. Lots of parking available, 2 driveways. There is an attached workshop and mechanical area 9'6x25'. Nice outdoor space including retaining walls, deck and patio areas. Good location in Durham within walking distance to parks and shopping.

Monthly Cost

Monthly Mortgage$3,374
Property Tax ($4,136/yr)$345
Total$3,719

Price & Listing History

Schools

Location

Tap to view full map

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage