20-28 Carraway Cres

For Sale 65 Days
$850,000 $160K
$690,000
beds
baths
5,490 Sqft

20-28 Carraway Cres

For Sale 65 Days
$850,000 $160K
$690,000
beds
baths
5,490 Sqft

Highlights

Key insights

Description

RESIDENTIAL 5-PLEX with below market rents creating lots of potential upside for the patient investor. Each of the 5 townhomes have a separate PIN identifications (see Document section) with the required R-Plan legal survey, but the Estate's listing condition(s) state that the property will only be sold as a block of 5-three bedroom residential units; the buyer/investor must assume all tenants; the Estate will not serve any Notices on behalf of a buyer under any circumstance under RTA; once the potential buyer has reviewed the I/E statement provided by the Estate it will be possible to inspect just one of the townhomes (all units have same typical layouts); and finally once a conditional offer is accepted by the Estate all units will be made available for inspection provided the RTA guidelines are respected for additional showings. The estimated net cash flow for the 5 units before any debt service or depreciation in 2024 is estimated to be approximately $20,700 based on current rents and expenses (see your agent for further details). Seller requires "As Is" SPIS signed & submitted with all offer(s) and requires 3 full business days irrevocable to review any/all offer(s). (id:55581)

JOHN A.(SANDY) CAMERON of CAMERON REAL ESTATE BROKERAGE,
#X12259134
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    701 - morrisburg
Overview
  • Lot size (acres)
    0.0
  • Building size
    5490
  • Listing #
    X12259134
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28550910/20-28-carraway-crescent-south-dundas-701-morrisburg
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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