Cross Streets: King Street East & Cochrane Road. ** Directions: 403 to QEW Niagara, Take the Red Hill Valley Pkwy, Exit on King St E & Turn Right (West), Turn Right (North) onto Rosewood Drive. Side-by-Side Duplex 213 & 215 Rosewood Rd on a Corner 40x96 Foot Lot Currently Running at an Approximately 5.2% Caprate. Each Side is Rented at $2,250/month + All Utilities = $54,000 Annual. Landlord Expenses are Only Boiler Rental ($2,556/year), Insurance ($1,272/year) & Property Taxes ($5,644/year), Total $9,472 Annual = $44,528 Net Annual Income. A Truly Unique Forever Home & Investment Property with a Garage in the Sought After Glenview West Neighborhood. 215 Side is Recently Renovated in 2025, and Substantial Upgrades were Completed in 2020 for the Entire Property. Live in one & Rent Out the Other Unit, or Rent Out Both and Receive Good Cashflow. If You Open One to the Other, You'll Have a Total of 6 Bedrooms & 2 Full Bathrooms! Both Sides are Nearly Identical in Their Layout, Just Mirror Images of Each Other! In 2025 Work Included New Flooring & Light Fixtures, Fresh Paint, New Countertops, Vanity, Doors, Backyard Restoration, Kitchen Cabinets Restoration, New Kitchen Countertop, New Boiler, New Toilet & Some New Fencing. In 2023 on 215 Side New Fridge & Stove. In 2020, Work on Entire Property Included New Windows, Garage Shingles, New Fascia, Soffits, Eavestroughs, Ridge Cap Singles, New Fascia Board & Vinyl Wood-share Shingle, Bath-fitter Tubs, New Bathroom Tiles, New Kitchen Floor & Sinks, Exterior Home Painting, New Carpet in Unit 213. A lot of the Timeless Older Charm & Character Has Been Preserved to Impress Your Guests! Abundance of Overnight Street Parking on Both Adjacent Streets. Unfinished Basements with Windows House the Laundry Rooms & Are Great for Storage, Workshop, and Many More Uses. Backyards are Nice and Long, Fully Fenced and Private. Ready For You Potential to Create an Extra Parking Spot in Front of Unit 215! Potential To Sever Lot Will Unlock an Extraordinary Amount of Value! Close to the Red Hill Valley Pkwy Exit, The Metro, Dollarama, and Lots of Plazas! Don't Miss Out on this Opportunity, it Won't Last Long! (id:27476)
