Superb 4plex located in the desirable Mercier neighborhood. Consists of 2 x 4.5 (2-bedroom) and 2 x 3.5 (1-bedroom) units, generating $38,460/year with strong rental upside. Adjusted gross income (5% vacancy): $36,537. Net operating income: $33,135. GIM: 16.89. Cap rate: 5.1%. Low annual expenses ($3,402). Ideal for investors seeking long-term growth through gradual rent optimization. Quiet street near schools, parks, and public transit. A solid opportunity in a stable, in-demand area. (46260688)
Property Type
Single Family
Neighbourhood Name
Mercier
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
3 days
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