7121a-7123 Av. Goncourt | A Great Investment Property.

Fed up of searching for revenue properties and finding non-renovated, poorly maintained buildings that are outdated and do not generate enough income? This property offers the exact opposite! Av. Goncourt has been well maintained, updated and managed by the current owner to allow for better than average rental income and three very nice units that are up to date! If you are looking for a well located, well renovated and clean building this is the property for you!

The Property:
Measuring approximately 31x43, this semi detached triplex sits on roughly 3,550 ft2 of land and offers two spacious 5 1/2 units and a comfortable 3 1/2 unit in the basement. Equipped with many renovations over the years, the property features central heating/air conditioning, renovated kitchens and bathroms and a spacious yard. With quality tenants in place that generate great income, this is a great opportunity not to be missed.

The Location:
Anjou is often known as one of the better neighbourhoods of the cities east end however this property sits on a lot that is located in one of the better parts of the neighbourhood itself! Located just minutes from all services, amenities, transportation and future metro extensions, this property is close to everything your family or tenants may needs on a daily basis yet far enough to be nestled onto a quiet street facing a calm park with little noise or disturbances. Offering you the chance to benefit from the proximity of services and amenities while enjoying a peaceful lifestyle.

The Investment:
Asking roughly 20x the revenue, this property offers a unique investment opportunity that is low maintenance, low cost and future proof due to its location, size and renovations. Most of the aesthetic renovations have already taken care of in all three units which as the next potential owner allows you to increase revenue's or simply enjoy the renovations already completed for yourself and finalize some personal customization.

Please note that the main unit and basement unit both share the same electrical panel, heating system and water heater. The cost is carried by the main unit.