Just Listed
Bedrooms: 13
Bathrooms: 6
Living Area: 4,583 sqft
Price Per Sqft: $654.33
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $179,136 in gross annual income ($14,728/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 sq ft corner lot (50’ x 115’) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 sq ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside.
Listed by RE/MAX Crest Realty.
| MLS® | R3113532 |
| Type | Business |
| Bedrooms | 13 |
| Bathrooms | 6 |
| Square Feet | 4,583 sqft |
| Lot Size | 5,750 sqft |
| Frontage | 50.00 ft |
| Full Baths | 6 |
| Half Baths | 0 |
| Taxes | $15575.4 |
| Parking | Open, Lane Access (1) |
| Basement | Finished, Exterior Entry |
| Storeys | 2 storeys |
| Year Built | 1925 |
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