22 DELLROY Avenue

Property Details

About this property

Situated in Stanley Park close to schools, transit, shopping, and the expressway, you won’t want to miss this duplex offering over 1860 sq ft above grade with 6 parking spaces and a heated 287 sq ft workshop/studio space that could be converted back into a garage. This is a property that will give you a long-term investment opportunity for your future. Laid out over 2 and a half stories on a 43 x 120-foot lot, this property offers 5 bedrooms, 2 bathrooms, and loads of indoor and outdoor space to enjoy. The main floor was recently rented to a great single-occupancy tenant. This renovated 2-bedroom apartment is charming in so many ways. The upper 3-bedroom has a great long-term tenant. This unit has a finished attic space and a dining room off the kitchen. The meticulously poured concrete parking offers 4 parking spaces beside the house and 2 more at the back; you may consider renting a couple of spots to the neighbours in the future. If you love the character and charm of 1930s Arts and Crafts-era homes, this property features beautiful built-in storage, hardwood floors, and granite in the main-floor unit. The roof was replaced in 2012, and all wiring and windows have been updated. The tenants pay their own hydro. This is a low-maintenance fully occupied property with great tenants and generates a 3.71% CAP rate.

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