116 Chaplin Crescent – Andrea Morrison
Magnificent income property, perfectly located in Chaplin Estates. Currently operating as high end fully furnished executive rental suites. Potential gross income $128,400. Many renovations and upgrades. Stunning 2 plus 2 bedroom main floor suite. Existing main & 2nd floor tenants on leases, 3rd floor on month to month. Superior investment opportunity! Steps to absolutely everything that matters – subway, parks, tennis, schools, beltline trail, incredible Yonge Street shops & restaurants!
Property being sold fully furnished. Financials attached. Gross projected income: $128,400. Expenses: $31,947.50. Main floor/lower $5,500/mo, leased until Aug 7/18; 2nd floor $2,400/mo, leased until July 31/18; 3rd floor $1,400/mo, month to month. Lower: owner occupied – potential $1,400/mo.