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  • Key Facts
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Key Facts

Type Other
Levels Residential Income
Size 1735 sqft
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1997
Avg. Price Per Sqft $374
MLS® Number 225105082

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

For Sale - Fully Leased Investment Property. Established Residential Care Facility for the Elderly (RCFE). This well-established RCFE is currently generating rental income 32% above the local market average. With built-in annual rent increases of 4%, the income is projected to grow by an additional $600 annually, resulting in 49% above-market income in the coming years. An excellent opportunity to acquire an instant income-producing property with 2.5 years remaining on a triple-net lease with a long-term tenant in a stable industry. Strong rental income with potential for lease renewal. Highlights: - Fully leased to reputable tenant - 2.5 years remaining on lease term - Minimal landlord responsibilities - Ideal for investors seeking reliable cash flowShow Description
MLS® Number225105082
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelOther
Exposure
ExteriorFenced Yard
GarageNo
Approx. Age1997
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Fireplace(s)
A/CCeiling Fan(s), Central, Whole House Fan
Heating Fuel

Extras

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