416 5th Avenue Nw

Here is your opportunity to have a funded project by fixing up the basement while having an upstairs tenant make your mortgage payments. This building was previously a 4-unit rental, with 2 suites up and 2 down. The upstairs was opened up to make one huge suite with 2 bedrooms, a full bathroom/laundry combination, 2-piece ensuite, large kitchen/dining room with oak cupboards and an opened concept to the living room, partially with a unique frosted window feature that was until recently rented for $900 per month plus utilities. There is a 12 x 20 shop in the back as well, which would be perfect for those projects and storing your supplies and tools while you are finishing the basement. The building has separate electrical meters, a high-efficient furnace and an on-demand water heater. Invest your time and some money into building equity with this rental property! Heat eq $125/mth.