Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Little Italy. Large home that houses 3 units & separate bungalow, four units in total. APT. 1 - Featuring 2 bedrooms, oversized family room, modern bathroom & front yard patio area -> Rented at $2,200/monthly (12 month lease converting month to month Dec. 1st 2025 / electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,148/monthly (Rent going up to 1,177 June 1st, 2025 / electricity, heat, water included). APT. 3 - Featuring 1 bedroom + den/office & 1 bathroom -> Rented at $1,486/monthly (Rent going up to $1,523 Jan. 1st, 2025 / electricity, heat, water included). APT. 4 - Featuring 2 bedrooms, 1 bathroom & private exclusive yard -> Rented at $1,164/monthly (Rent going up to $1,193 Nov. 1st, 2025 / hydro paid by tenant). Shared pay per use laundry in the basement adding approx. $800 in yearly income. 5 surface outdoor parking. Great current & future value. BOOK YOUR PRIVATE SHOWING TODAY!!! (id:19004)
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