$750,000
Val Caron
Val Caron, Ontario, P3N1S5
This multi-family property in Val Caron is for sale. It has been on the market 0 days, fresher than the Val Caron average of 82 days.
Excellent investment opportunity! This solid, well-maintained, owner-built triplex is located on a quiet cul-de-sac in Val Caron, just a short walk to shopping, restaurants and many everyday amenities. Built with pride and carefully maintained over the years, the property features three spacious 2-bedroom, 1-bathroom units, each offering a private entrance and its own laundry facilities. All three units are bright and inviting with large windows, generous room sizes and no carpeting throughout. The main-floor unit features a covered rear deck leading to a lovely 3-season gazebo, providing additional space to relax and enjoy the outdoors. The upper unit also offers a covered rear deck, while the lower-level unit is bright and welcoming with large windows and a comfortable, functional layout. A paved triple driveway provides ample parking, along with an attached garage currently used by the main-floor unit. The exterior is finished in brick and siding, and the shingles were replaced in 2021. The property is heated electrically, with all utilities currently paid by the owner. An added benefit for investors is the exceptional tenant history. The upper and lower units are occupied by excellent, long-term tenants who have been in the property since it was built approximately 29 years ago and would like to remain. The main-floor unit is currently owner-occupied (see form 299 re: sellers disclosure). Whether you're looking to expand your investment portfolio or purchase a well-established income property, this triplex offers a rare combination of solid construction, spacious units, long-term tenancy and a convenient location. NOTE: income and expense information is available in the supplementary documents and form 299 Sellers disclosure. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 82 days across the listings currently for sale in this city
This multi-family in Val Caron has been listed for 0 days, which is 82 days fresher than the city average of 82. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $750,000, about 7.0× the local median household income of $107,000.
Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3N)
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