Property Description for 2980 5th AVENUE E
Fully occupied 4-plex offering an outstanding opportunity for investors seeking a turn key rental property in a high demand East Hill location. The building includes four spacious units each with their own private entrance, in-suite laundry and separate furnace, water heater and power meter, ensuring convenience and independence for tenants and ease of management for owners. Water and energy costs are included in the rent with tenants paying for power separately. Thoughtfully designed across two levels, each unit boasts a bright and functional layout. The upper level features a generous living room filled with natural light, a well-appointed kitchen with ample cabinetry and dining space, plus direct access to a private deck. The lower level offers two comfortable bedrooms, a nice 4 piece bathroom and in-suite laundry. The property also has alley access with 4 electrified parking spaces in the back. Recent updates include new sidewalks completed in 2021, a new water heater installed in Suite D in 2022, a new stove added to Suite C in 2024 and a new dryer installed in Suite D in 2024. Its central location places residents just steps from public transportation, Carlton Plaza, Carlton Comprehensive High School, Art Hauser Centre and Prime Ministers Park, making it highly attractive to a wide range of renters. Whether you are a seasoned investor or just entering the rental market, this fully occupied and income generating 4-plex is a smart addition to any real estate portfolio. Don’t miss this exceptional opportunity to own a great rental investment in a prime location. Call today to take the next step! (id:38686)
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Property Details
Property Tax
: $6,596 (2025)MLS® #
: SK014160
Home Features
Property Type
: Single FamilySquare Footage
: 2,000 SQFT
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Full
Exterior Features
Acreage
: 0.18
Other
Parking Features
: Parking Pad, Parking Space(s)
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