DetailsLooking for an investment opportunity? Great Opportunity in Wolseley! Five Suite licensed Rooming house with 7.6% Cap Rate and Cash Flows!
Main floor suite 1bed, 1 bath approx 600sqft. 2nd Floor features three bachelor suites approx 250sqft each with shared bathroom. Two of these units have been completely renovated plus there is a third floor 1 bed 1 bath unit, approx 600 sqft. Total revenue of $4350/mth. 3rd floor unit and 1of the 2nd floor unit are rented out. 2 units on 2nd floor were just finished renovated and main floor just moved out. Knob and Tube was just removed in June 2021 and unit also features a newer gas boiler to heat the whole building. Some windows have been upgraded.