22 Lottridge Street

About This Property

Welcome to this fully renovated multi-unit gem, ideally located near Tim Hortons Field and a Bernie Morelli Recreation Centre! Each unit features 1 bedroom, a 4-piece bathroom, a bright living room, and a modern kitchen, all updated in 2018/2019. The renovations boast laminate and porcelain tile flooring, quartz countertops, stylish subway tile backsplashes, stainless steel appliances, pot lights, and new bathrooms. Updated finishes include new doors, baseboards, and trim, with most of the home re-drywalled. Major system upgrades include new wiring with a 200-amp panel, plumbing, furnace, roof, windows, and a water heater. The incoming water line has been upgraded to 1 inch, and spray foam insulation added to the third floor for enhanced efficiency. Shared coin laundry is conveniently located in the foyer. The property generates a solid gross income of $53,720.52 annually, with rents covering utilities. There's also exciting potential for a 4th unit with a side entrance to the basement. Unit 3 is currently vacant, offering flexibility for future tenants or owner-occupiers!