Description

Well-maintained 3-storey mixed-use property ideally located in the heart of Mount Pleasant, just steps from the corner of East Broadway and Fraser Street. The building features two retail/commercial units at street level, with six residential suites above, comprised of two extra-large one-bedroom units and four two-bedroom units. The property has been extensively redeveloped from top to bottom, including a new roof, foundation, mechanical, electrical and plumbing systems, as well as updated appliances and fixtures throughout. This is a low-maintenance, easy-to-manage investment offering strong net income in excess of $250,000 annually. A solid long-term holding with stable and reliable cash flow.