1429 MEADOW DRIVE
Great low-maintenance investment opportunity! Beautifully renovated multi-faceted income property that provides multiple avenues for income generation.
This fully tenanted property features 2 residential units, a garage rental and quonset that sit on a huge 1.1 acre parcel of land in the beautiful town of Greely.
The main house features a 4bd unit (A) grossing $2345 and a 1 bedroom unit (B) grossing $1640. Additional sources of income include the insulated 3 bay garage at $1130 and a commercial-grade insulated Quonset rented at $1921. Producing a cap rate of just over 4%.
VM-3 zoning allows for even more potential with a plethora of permitted uses.
Conveniently located close to amenities, schools and parks.The perfect property to broaden your investment portfolio.
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RE/MAX Hallmark Pilon Group Realty
- Country: Canada
- Province / State: Ontario
- City / Town: Greely
- Postal code / ZIP: K4P 1B1