This well maintained fully rented triplex is located in Sarnia, Ontario. The property has recently undergone extensive renovations and upgrades. Centrally located to all amenities including Shoppers Drug Mart and a walking distance to a local doctors office and neighboring coffee shop. Property includes a garage with 3 parking spaces for tenants. Owner is occupying one of the units and will sign a 1 year lease upon closing. Chemical valley has recently announced multi-billion dollar expansions that will keep pressure on Landlords to provide rental accommodations for workers for the next several years. Waiting lists are beginning to exist as vacancy rates are extremely low. This triplex offers investors an attractive cap rate of approx. 9% Zoned GC1. FEATURES -Electrical updated August 2012 for entire building -High efficency 2 stage furnace and central air installed January 2015 -Basement completely done in 2016 with new bathroom -Roof updated in 2017 -Fire-rate insulation and drywall between units on main floor and upper apartment installed 2015 -Entire foundation done 2018 with sump pump installed and tied in -Upper unit improvements include bamboo flooring, toilet, sink and faucets -Main floor completely rented as furnished, with all new appliances
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