Unknown for 74 Preston St, West Centre Town Ontario K1R 7N9
16 days on Market

74 Preston St, West Centre Town, Ontario K1R 7N9

Townhouse
4
2
- sqft
$610,000
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Townhouse
4
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,620/mo

Tax Amount (2024)$4,640/yr

Days On Market16 days


Description

Prime Investment Opportunity Vacant Duplex - Attention Investors! This vacant duplex offers the perfect blend of income potential and flexibility. Live in one unit while renting out the other or rent both for maximum revenue. Key updates include a new roof (2020) and furnace replacement (2015), ensuring peace of mind for years to come. The second-floor one-bedroom unit is move-in ready, featuring a fully renovated kitchen and bathroom (2019), in-unit laundry tucked conveniently in the hall closet, and a window AC for added comfort. The main-floor three-bedroom unit is a blank canvas awaiting your vision ready to rent or renovate as you wish. Prior to tenant move-out (September 2024), rental income was $2,195 for the three-bedroom unit and $1,654 for the one-bedroom unit. Inclusions: 2 fridges, 2 stoves, 2 washers, and 2 dryers. Flooring: Hardwood, laminate, and mixed. Don't miss this exceptional investment opportunity in a sought-after location!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size1,180 SqFt(72.76 x 16.23)
Parking Spaces-
MLS ®NumberX11922919
Community NameWest Centertown
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Baseboard
Basement: Part Fin

Features

Lot size: 1,180 SqFt

Property History

Jan 14, 2025
ListedActive
$610,000
16 days on market
history photo preview27
Listing by trreb®
Property listed by EXP REALTY, Brokerage

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Population and Demographics

Overview

Total population 11252
Average household income $134,175

Age (%)

20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
41%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
English and French
3%
Yue (Cantonese)
3%
Mandarin
2%
Vietnamese
2%
Spanish
2%
Arabic
2%
Italian
2%
Others
0%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget