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Key Details
Sold Price $439,900
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Tne - North
MLS Listing ID T12432525
Style 2-Storey
Bedrooms 7
Annual Tax Amount $4,546
Tax Year 2025
Property Sub-Type Triplex
Property Description
Prime Investment Triplex with Strong Returns. This well-maintained property offers a private yard, double car garage, and abundant parking. It features a spacious 4-bedroom main-floor unit and a 2-bedroom upper unit (both currently tenanted) plus a 2-bedroom basement suite with an office, presently owner-occupied. The building generates $4,800 in monthly rental income, delivering a robust 9% cap rate and an annual NOI of $39,547. An outstanding opportunity for investors or owner-occupants looking for immediate cash flow and established tenants.
Location
Province ON
County Cochrane
Community Tne - North
Area Cochrane
Zoning NA-R3
Rooms
Family Room No
Kitchen 3
Interior
Cooling None
Exterior
Parking Features Available
Garage Spaces 2.0
Pool None
Roof Type Shingles
Building
Building Age 51-99
Foundation Concrete Block
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