Details

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Description

ONLY $120K DOWN! INVESTMENT OPPORTUNITY - 6 UNIT PACKAGE INCLUDES 3 BRAND NEW 3 BEDROOM SINGLE FAMILY HOMES EACH WITH LEGAL 2 BEDROOM BASEMENT SUITES AND 3 DOUBLE DETACHED GARAGES. Each of the houses has a LEGAL basement suite, with 2 bedrooms and 1 bath in the suite. The houses are next door to each other and when purchased, are considered a 6-unit complex for the purposes of the lender and CMHC MLI Select program. Two of the houses are 3 bed + 2.5 bath UPPER and 2 bed + 1 bath LOWER SUITE (total of 5 beds + 3.5 baths). Detached rear garages for these are 18 with back lane access. One house is 3 bed + den + 2.5 baths UPPER and 2 beds + 1 bath LOWER SUITE (total of 5 beds, 1 den, 3.5 baths). Detached rear garage for this is 20 with back lane access. Each house has 2 thermostats (one lower and one upper), with multi-zone controls for heat. Each house has upgraded appliances - stainless steel fridge and dishwasher + black stainless steel induction stove. Each unit has its own in-suite laundry. Note that: The homes must be sold as a package, since the terms of the mortgage are that they are under one loan and cannot be separated. The current mortgage will mature in 5 years, and the buyout will be January 2030. They are just completed for occupancy and move-in-ready for tenancy. A professional Property Manager has been secured and ready to fill all units ASAP.