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Lot Size: 33.99 ft x 100 ft


Unit Mix:

1 x 1 Bedroom

2 x 3 Bedroom 


Total Parking: 3

Cap Rate: 4.55%

NOI: $40,992


Rental Income: $57,565

Expenses $

Insurance: $4,174

Maintenance & Repairs: $7,170

Realty Taxes: $7,170

Utilities: $2,448    

3560  Chapel st


Triplex in Sandy Hill 



Strong investment opportunity in what is historically one of the greatest rental markets in the world. Do not be fooled by semantics and secure a lightly renovated triplex with 2 x 3 bedrooms and 1 x 1 bedroom.

Possibility to develop additional units by adding third floor (see 386 Chapel St) and/or extension in the rear yard (see 395 Chapel St) needs to be verified with city.

Property requires approximately $10,000 in exterior touch ups but is in otherwise excellent condition for its age.

Large units with bright windows. Lower unit is half above ground making it bright and desirable. Ideal 3 car parking at the rear. 



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