Unlock immediate rental income with this strategically located 2-bedroom, 1-bathroom apartment in the desirable Forest Lawn community. Boasting 810 sqft of well-designed living space, this property is a turnkey investment with an existing tenant secured until 2025 at a rental rate of $1,500 per month. The apartment features a bright, open living area ideal for attracting and retaining tenants. The modern kitchen, equipped with ample cabinet space and appliances, ensures ease of use and low maintenance. Both bedrooms are spacious and include generous closet space, enhancing tenant comfort and appeal. The property also includes valuable underground parking, providing secure and convenient parking for tenants—a highly sought-after feature. Situated in a vibrant neighborhood, the apartment offers proximity to amenities, public transit, and local parks, further increasing its rental desirability. With a reliable tenant in place and a steady rental income stream, this property is an excellent addition to any investment portfolio. Don’t miss this opportunity to acquire a hassle-free income-generating asset. Contact us today to learn more and arrange a viewing.
Data was last updated November 5, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$409,500
Min list price:
$159,900
Max list price:
$900,000
Avg days on market:
27
Min days on market:
4
Max days on market:
402
Avg price per sq.ft.:
$524.88
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.