Description
Welcome to 5200--5202 Walkley -- prime location! 12-unit building comprised entirely of spacious 3-bedroom (5½) apartments, located in a highly sought-after area with strong rental demand. Close to schools, public transportation, and all essential services, making it an ideal investment opportunity. Tenants pay their own heating and electricity. Well maintained over the years. All visits are conditional upon an accepted offer. All offers must be accompanied by proof of funds and remain open for a minimum of 72 hours.
INCLUSIONS & RENOVATIONS
All residential units are equipped with appliances included
in the leases, namely: twelve (12) refrigerators, twelve
(12) stoves, twelve (12) dishwashers, twelve (12) washers,
and twelve (12) dryers. The majority of the appliances are
stainless steel.
The property has undergone extensive, high-quality
renovations completed in or around 2022 across both
buildings, including but not limited to the following
improvements:
- New roof installed (2022) -- both buildings
- All windows replaced (2022) -- both buildings
- New balconies constructed (2022) -- both buildings
- Replacement of all exterior and interior doors (2022) --
both buildings
- New flooring installed throughout all units and common
areas (2022) -- both buildings
- Complete interior renovations of all twelve (12) units
- Full plumbing upgrades (2022) -- both buildings
- Electrical systems upgraded (2022) -- both buildings
- Installation of new hot water tanks (all owned, not
rented) both buildings
These comprehensive upgrades significantly enhance the
overall quality, efficiency, and long-term value of the
asset.
Turnkey investment opportunity -- meticulously maintained
and ready for immediate operation.
