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Key Facts
Key facts for 215 Broadway Avenue
Property Type
House, Bungalow
Parking
None 0 garage, 2 parking
MLS #
X11994891
Size
2000-2500 sqft
Basement
Crawl Space
Listed on
2025-03-01
Lot size
50 x 130.0
Tax
$2,959 /yr
Days on Market
192
Approximate Age
51-99
Maintenance Fee
-
Description
Fantastic opportunity for the right person. This former church building offers a very spacious owner occupied rear unit with up to 5 bedrooms. kitchen, diningroom, livingroom, laundry, pantry and 3 pc plus a large patio area and rear parking. The front of the building offers 6 bedrooms, currently re...nted, each with its own 2 pc washroom. Tenants share a kitchen, livingroom and 3 pc with shower. The owners unit could be divided to make extra money too and the potential for another $3000 or more a month. Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp service coming into the building. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented. ( 5 rooms @ $700/month and 1 room @ $630/month on next increase). Current rental income $46,240 with expenses of property taxes $2930, hydro $4870, gas $3760, rental enercare $540, water $2530. Live in the spacious owners unit and let the tenants pay your bills, including your mortgage!
