This is a Rare Opportunity to Acquire a Legal Duplex with a Basement Apartment on a 50’ x 120’ Lot that is Located in a Premium Long Branch Neighbourhood

3 Large Apartments – All Separately Metered for Hydro

Basement Apartment (apx 950 sq.ft.) in good condition. Spacious 1-Bedroom Unit with Large Eat-in Kitchen, Living & Dining Room, 1 Bathroom

Main Floor Apartment (apx 1200 sq.ft) in good condition. Spacious 2-Bedroom Unit with Large Eat-in Kitchen, Living & Dining Room, Walk-out to Balcony, 1 Bathroom

Second Floor Apartment (apx 1200 sq.ft.) in good condition. Spacious 3-Bedroom Unit with Large Eat-In Kitchen, Living Room, Walk-out to Balcony, 1 Bathroom

1 Common Laundry Room on the Basement Level
2 Staircases – (main front entrance & second side entrance)

All Tenancies are Currently on Month-to-Month

Existing Tenants for 5-10 Years

Gross Annual Rental Income $43,080.00
2015 Expenses $10,904.39
Net Annual Income $32,175.61

Property is in Good Solid Overall Condition

South-Facing Lot

Lake Ontario & Marie Curtis Park is 1 Block Away!

Upgrades, Improvements & Extras:
• New Roof & Attic Insulation (2014)
• Eves & Soffits (2007)
• Windows & Balcony Doors Replaced (2007)
• Fencing Replaced (2010 & 2013)
• High Efficiency Furnace (2014)
• Hot Water on Demand (2014)
• 3 Refrigerators & 3 Stoves in Good Condition
• 1 Washer & 1 Dryer in Good Condition
• 4 Separate Hydro Meters
• Survey Available

Large Lot with Parking for Up to 10 Vehicles

A Very-Well Maintained Property in a High Demand Location

Steps To TTC, Go Transit, Lake, Schools, Parks, Libraries, Shopping Centers & All Amenities