Description

 Price: $ 999,999.00 MLS^®: X13002944         Location : 847 Pinewood Crescent, Britannia Heights - Queensway Terrace N and Area, ON K2B 5Y3

Turnkey triplex investment opportunity in desirable Britannia Heights with a strong tenant profile and over 40 years of pride of ownership. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, including one fully renovated unit in 2024 with dishwasher.Tenants are reliable and pay on time, with separately metered hydro paid by tenants. Recent capital improvements include two gas forced-air furnaces (2012 & 2026) and three owned electric hot water tanks (2013, 2023, 2024).Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income

Location Description

Pinewood Crescent and Richmond Road

Property Details

• Community: 6203 - Queensway Terrace North
• Property Type: Tenant/Residential Freehold
• Bedrooms: 8
• Bath: 3
• Garages: None

Building Features

• Foundation Type: Concrete Block
• Construction Material: Brick-Stucco (Plaster)
• Total Parking Space: 3

Features

• Heating: Forced Air Electric
• Sewer: Sewer ,