340 POULIN AVENUE

Property ID: 1306293

340 POULIN AVENUE

340 POULIN AVENUE

Share This:
  • beds
  • bath0
  • garage

Description

PERMIT READY PROJECT on corner lot in trendy walkable Britannia Bay. Steps to the yacht club, beach, grocery (300m), and LRT (700m). 100′ of frontage along Conn street. Includes rentable single family home. Severances and drawings in place for a cash flowing four unit (two semis with basement units). Projected net income: $101,000. Projected gross construction margin: $295,000. 5-year IRR > 20%. Yield on cost > 5.5% *ALL DRAWINGS INCLUDED*. Second position *VTB AVAILABLE*. (id:21126)

Property Location

Data Provided by REALTORS® Association of Canadian Real Estate

Last Modified: Thu, 04 Aug 2022 15:31:58 GMT

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

Similar Properties


$ 200,000

For sale

LOT 9 MAGNOLIA STREE


  • 0
  • Vacant Land

$ 210,000

For sale

Lot 2 MAGNOLIA STREE


  • 0
  • Vacant Land

$ 210,000

For sale

LOT 6 MAGNOLIA STREE


  • 0
  • Vacant Land

Subscribe to our Newsletter