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Renanza Realty
For sale

711 RIDGEWAY STREET E

Thunder Bay (Hyde Park), Ontario

MLS® X13687188

$415,000

Status
Active
Property type
Multi-family
MLS® number
X13687188
Bedrooms
Bathrooms
Year built

Listing description

New Listing! Attention investors! This fully tenanted income property is an exceptional opportunity to add a cash-flowing asset to your portfolio.

Featuring three self-contained rental units, this property offers multiple income streams with the convenience of professional property management already in place. The main floor features a spacious 2-bedroom, 1-bathroom unit, while the second-floor unit offers 2 bedrooms, 1 bathroom, a cozy gas fireplace, and a massive private deck that adds tremendous tenant appeal. The third floor is a self-contained bachelor suite, completing this versatile triplex.

Adding even more value, the property includes a large garage that is separately rented, creating an additional source of income. With all units and the garage currently rented, this is a true turnkey investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity you won't want to miss.

Contact me today to book your private showing.

Property summary

MLS® number
X13687188
Property type
Multi-family
Building type
Other
Land size
54 x 95.25 FT
Annual property taxes
$5,451.65
Days on market
30 days

Features & details

Heating
Forced air, Natural gas, Other, Other
Basement
Full
Appliances
Washer, Refrigerator, Stove, Dryer

What would this home cost you?

Based on the $415,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,931 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Re/Max First Choice Realty Ltd., Thunder Bay.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.