169 FIFTH Avenue

Here is your chance to own a modern, purpose-built fourplex which was constructed only in 2024. This exceptionally built property features two 3-bedroom upper-level units and two 2-bedroom lower-level units, all offering quality finishes and enhanced soundproofing insulation with resilient channel and SonoPan for improved privacy and comfort between units. The property features upgraded kitchen cabinets, countertops and appliances, commercial-grade laminate flooring, commercial steel siding and insulated vertical siding. The rear unit benefits from a covered porch with skylight, while a drainage system around the property provides additional protection and functionality. Each unit is separately metered for utilities, making this an efficient and attractive investment. Excellent tenants are currently in place, providing stable income and peace of mind for the new owner. Residents enjoy a shared common backyard area at the rear. Located in an established family-friendly neighbourhood which is close to amenities, transit, parks, schools and highway access. This is a rare opportunity to acquire a newer, custom built fourplex offering an excellent unit mix, premium construction, upgraded soundproofing, separately metered utilities and strong existing tenancy with an approximate 5.5% cap. (id:67197)

Price

$1,749,900

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

10

Bathrooms

8

Parking

2

MLS® Number

40856151

Interior Size

4660 sqft

Ownership Type

Freehold

Building Type

Fourplex

Bathrooms

8

Basement

Full (Finished)

Basement Development

Finished

Cooling

Central air conditioning

Exterior Finish

Aluminum siding, Brick

Fireplace

No

Heating Fuel

Natural gas

Interior Size

4660 sqft

Stories

2

Water

Municipal water

Size Frontage

33 ft

Size Depth

190 ft

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Park, Schools, Shopping

• Park
• Schools
• Shopping

Ownership Type

Freehold