630 Queens Avenue

Blend of contemporary upgrades and modern conveniences with historic elements throughout this totally renovated Victorian triplex. Unique New York Loft styling vibe consistently attracts more discerning tenant demographic who work in downtown area, from home or graduate student couples. Great setup for owner operated investment or multigenerational family living. Rare large city lot 50 x 151 (15.2m x 47. 7m) with private single driveway leading to fully fenced treed backyard with private parking for 6. Security camera (no contract) and LED perimeter lighting. Large wrap around front porch & private gated rear deck. Legally licensed triplex comprised of 3 above ground sun-filled Apts. No basement Apts. Building and each apt fully renovated, featuring exposed brick walls. Tongue & groove pine walls; uplevel vinyl flooring throughout all 3 Apts (2023/24), 10 (3.1m) ceiling; window coverings on all windows. Unfinished heated walkable basement, Property continually updated/ upgraded over the years to add unique features & almost maintenance free ownership. Asphalt shingled roof (2009); aluminum soffits, fascia, eavestroughs and downspouts (2023); 2 gable ends painted (2023); front cement steps/sidewalk (2023); pex plumbing (2010) copper wiring/3 breaker panels/ESA certificates (2011); new windows (2011), Veismann boiler (2012). 3 owned electric hot water tanks (2011). 2 washer/dryer combo units; 3 dishwashers, 3 stoves, 3 fridges, 1 microwave/fan. Cap rate 5.2% income $64,800, Operating Expenses $12, 696 NOI %52,104. All apartments separate hydro meters with breaker panel in each Apt. Tenant pay hydro. Rent includes heating (gas boiler) for hot water iron rads and water. Solid cornerstone for new or existing investment property portfolio. Quality investment property with very little work. OC5-R3, R11 zoning provides potential for versatile usage, to be confirmed with city. Vacant possession possible.