8
$315,000 Sale
Listed 24 days ago
95 LEFEBVRE AVENUE
· 6
· 2.0
· 3
· 700 - 1100
Key Facts
Key facts for 95 LEFEBVRE AVENUE
Property Type
Apartment, Raised bungalow
Parking
Garage: No, 3 parking
MLS #
X13801918
Size
700 - 1100 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in... 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:10452)
Similar Properties (No results)
Listing courtesy of: RE/MAX AFFILIATES MARQUIS LTD.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.