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Investment Pick of the Day – September 30, 2010

Looking for a fourplex? Check out this amazing listing we just found today. Definitely worth a look!

620 Bathurst Street

Listing

Don’t forget to leave a comment or contact us for more info…

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4 comments

  1. [New Post] Investment Pick of the Day – September 30, 2010 http://torontonianonline.com/?p=744 #fb

  2. How does 620 Bathurst qualify as an amazing listing? I viewed it and it’s a tenant house needing a lot of repairs. And on a part of Bathurst where fire trucks and ambulances scream by all day and night. Unless your a landlord and can repair it it’s not a buy. Plus side is that tenants always rent in that area so there would be no empty apts.

  3. Hi Greg,

    That’s exactly the reason why it qualifies as a great investment property. There will always be tenants for the property. As an investor, do you care more about the noise in the area or about the vacancy rates in the area. I would be more interested in the later.

    The repairs are a concern but this is not a property for a novice investor. This will require updating and as a result of it, you would see a better return with higher rents being charged to tenants as well as appreciation resulting from increased income.

    If you’d like to discuss more, please feel free to email me so we can discuss in further detail.

    Hope this helps!

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