Cross Streets: Lakeshore Road North. ** Directions: Take Lakeshore Rd N and turn onto Beach Blvd. Welcome to 22 Beach Blvd! Exceptional investment opportunity. Newly renovated triplex located steps from the lake, offering strong income potential and long-term upside. Currently positioned for short-term rentals with consistent demand from mining and corporate tenants, achieving market rents of approximately $5,000-$6,000 per month. This property supports an estimated 9% cap rate, making it an attractive option for investors seeking both cash flow and appreciation. Each unit has been updated, allowing for low-maintenance ownership and immediate income generation. Rare opportunity to secure a steps from the lake multi-residential asset with future expansion potential - an additional triplex next door is expected to be available for purchase in 2026, offering a unique chance to scale holdings side-by-side. Ideal for investors looking to diversify with a turn-key, income-producing property in a desirable location. (id:27476)
