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6
BEDROOMS4
BATHROOMS3
KITCHENS6 + 3
ROOMSX12979630
MLSIDContact Us
Property Description
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.
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Property Features
None, Private
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Property Details
Address
870 Queens Avenue
Community
City
Postal Code
N5W 3H6
Property Type
Triplex, Triplex
Lot Size
34' x 90'
Taxes
$5,544 (2025
Basement
Finished, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with The Agency Real Estate
Excellent Location near downtown and University of Western Ontario. Solid purpose built brick triplex, licensed with the city. Well cared for with separate garage. 2 3-bedroom units on the first and second floor and separate entrances and hydro meters. 1 2-bedroom apartment in the lower level. Rented for $80,250 until April 2027. Roof was new in 2016. Income and expenses available in the documents. Can be purchased along with 230 Emery St E, 196 Emery St e. and 84 Wilson Ave.
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