Property Description for 18 LEDUC DRIVE
Outstanding Investment Opportunity! This spacious semi-detached is a perfect addition to any real estate portfolio, featuring an exceptional current rental income of approximately $89,000annually, 9% Cap rate. Situated on a generous premium pie-shaped 1/4 acre lot backing onto a serene park, this property combines tranquility and convenience. This property includes six one-bedroom units, each fully equipped with individual kitchens and bathrooms. The exterior offers ample parking spaces (over 15 available) along with a detached two-car garage and no side-walk. The property is steps away from TTC, schools, Rexdale Shopping Mall, Costco, Smart Centres, and provides easy access to major highways including 401 and 409. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers unmatched versatility and promising returns. (id:38686)
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Property Details
Property Tax
: $4,240MLS® #
: W12350642
Home Features
Property Type
: Single Family
Interior Features
Heating
: Radiant heat, Natural gasBasement
: Finished, Separate entrance, N/AFlooring
: Laminate
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: Detached Garage, GarageExterior Features
: Brick
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