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$899,900Asking Price

767 Second Ave

Port Mcnicoll, Tay

Fourplex
4
Bedrooms
4
Baths
8
Parking
Days on Market

Are You Looking For That Perfect Investment Opportunity? Purpose Built, Vacant 4-Plex Is Ready For Your Tenants. This Build Has 4 X 1 Bedroom Units Each With Their Own Personal Onsite Storage Locker. Rents Are Estimated To Yield $1600/Month + Hydro For The Ground Level Units And $1400/Month + Hydro For The Second Level Units. The Buyer Will Benefit From Roughly $96,000 In New House Tax Credits Once The Property Is Tenanted. Great Location, Only Steps From The Water And Recreational Trails. Prior To Completion The Seller Will Complete The Grading, Parging At The Base Of The Wall And Have The Yard Sodded. Whether You're A Seasoned Investor Or Just Starting Out This Is A Great Opportunity To Be Able To Pick Your Tenants And Have A Low Maintenance Income Stream Added To Your Portfolio.

Are You Looking For That Perfect Investment Opportunity? Purpose Built, Vacant 4-Plex Is Ready For Your Tenants. This Build Has 4 X 1 Bedroom Units Each With Their Own Personal Onsite Storage Locker. Rents Are Estimated To Yield $1600/Month + Hydro For The Ground Level Units And $1400/Month + Hydro For The Second Level Units. The Buyer Will Benefit From Roughly $96,000 In New House Tax Credits Once The Property Is Tenanted. Great Location, Only Steps From The Water And Recreational Trails. Prior To Completion The Seller Will Complete The Grading, Parging At The Base Of The Wall And Have The Yard Sodded. Whether You're A Seasoned Investor Or Just Starting Out This Is A Great Opportunity To Be Able To Pick Your Tenants And Have A Low Maintenance Income Stream Added To Your Portfolio.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • Detached Garage
  • Talbot & Second
  • 1500-2000 Approximate Sq Feet
  • Baseboard Electric Heating
  • No A/C

Property

  • Possession: Flexible

Details

  • Vinyl Siding Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #S6031449
  • KELLER WILLIAMS EXPERIENCE REALTY, BROKERAGE

Extras

Room Floor Dimensions Details
1 Family Room Main 11.35' x 7.94'
2 Kitchen Main 11.35' x 6.07'
3 Bathroom Main 7.74' x 7.84'
4 Bedroom Main 11.35' x 10.14'
5 Family Room Main 11.19' x 8.37'
6 Kitchen Main 11.19' x 5.97'
7 Bathroom Main 7.84' x 7.94'
8 2nd Bedroom Main 11.19' x 9.65'
9 3rd Bedroom 2nd 7.61' x 11.65'
10 Bathroom 2nd 7.61' x 7.97'
11 Kitchen 2nd 10.40' x 8.20'
12 Living Room 2nd 10.40' x 7.12'
Washroom2 3-Piece Bathrooms on Main Floor
Washroom2 3-Piece Bathrooms on 2nd Floor

Who lives here?

Port Mcnicoll, Tay is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of youth aged 20 to 24, adults aged 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Tay  (0.8)

Singles

45% of residents are
single and loving it.

45% singles

Tay (39%)

Renters

19% of residents
are renters.

19% renters

Tay (13%)

Education

7% of residents are
university grads.

7% university grads

Tay (12%)

Income

Average Household Income

$80K

is the average household
income in the neighbourhood.

Tay  ($92K)

Professions

Professions

Sales 14%
Trades 11%
Business 6%
Government 5%
Health 5%

Immigrants

5% of residents were
born outside of Canada.

5% immigrants

Tay (6%)

Birthplace - All

UK was once home to 2.4% of immigrants.
Germany 0.8%
Poland 0.4%
Italy 0.2%
Russia 0.1%

2.4% from UK
All-time

Foreign Languages

Foreign Languages

French 1%
Polish 1%
German 1%
Italian 1%

Religions

Religions

Christian 75%