11
$449,999 Sale
Listed 10 days ago
10 - 242 PENETANGUISHENE ROAD
· 4
· 4.0
· 1
· 1400 - 1599
Key Facts
Key facts for 10 - 242 PENETANGUISHENE ROAD
Property Type
Townhome
Parking
Garage: No, 1 parking
MLS #
S13857138
Size
1400 - 1599 sqft
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
$428.76/mo
Description
**TURNKEY INVESTMENT OPPORTUNITY!** Welcome to 10-242 Penetanguishene Road. A unique and income producing townhouse offering an excellent opportunity for investors seeking strong rental income with tenants already in place. The property generates $3,300/month in gross rental income. This fully tenan...ted property offers immediate cash flow from day one. New washer and dryer were installed in 2023. At an asking price of $449,999, the property offers an approximate 9.9% gross rental yield with estimated known annual expenses of approximately $12,652 and an estimated NOI of approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee. Whether you're an experienced investor looking to add to your portfolio or searching for a property with multiple income streams, this is an opportunity worth exploring. (id:10452)
Room Types
Bedroom
-
Dimensions 3.35 m x 2.43 m
87.62 sqft
Bedroom
-
Dimensions 3.35 m x 2.59 m
93.39 sqft
Bedroom
-
Dimensions 3.96 m x 2.43 m
103.58 sqft
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Listing courtesy of: RE/MAX HALLMARK REALTY LTD.
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