4 beds · 3 baths · 989 sqft
Attention Investors! 1415 Ave D North in the sought-after Mayfair neighborhood offers a prime investment opportunity with a triplex generating $2,300 in monthly rental income. This property features a spacious 2-bedroom, 1-bathroom suite upstairs, plus two 1-bedroom basement suites, each with separate entrances and shared laundry. Priced at just $240,000, it’s a steal for investors looking to increase value with strategic renovations. While the property shows some wear, its affordability and income potential make it an ideal project for those seeking cash flow and equity growth. Tenants are on month-to-month leases, with rents of $1150, $600, and $550, and require 24-hour notice for viewings. Don’t miss this chance to add a high-potential asset to your portfolio! (id:39198)
Building Type House
Year built 1954
Square Footage 989 sqft
Stories 1
Bedrooms 4
Bathrooms 3
Parking
NeighbourhoodMayfair
Land size 50x124
Heating type Forced air
Basement typeFull (Finished)
Parking Type
Time on REALTOR.ca2 days
Brokerage Name: eXp Realty
Home price
$230,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$2,153 / month
Rent $1,922
Savings $231
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$1,917 / month
Rent $1,866
Savings $50
Initial deposit 5%
Savings target Fixed at 5%