INVESTMENT OPPORTUNITY | 4 RENTAL UNITS | APPROX. 7.65% PROJECTED CAP RATE. A compelling income-producing opportunity in central Vernon offering four self-contained 2-bedroom rental units and multiple income streams. Three units are currently tenanted, with the fourth currently available for rent. Offering 8 bedrooms, 4 bathrooms and approximately 3,625 sq. ft. of finished living space, with private entrances, in-suite laundry and ample off-street parking. Seller reports $100,000+ invested in renovations and improvements during 2024–2025. Conveniently located near shopping, schools, parks, recreation and transit. An attractive opportunity for investors seeking an improved multi-unit rental property with strong income potential. Rent roll, financial information, floor plans and virtual tours available upon request. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,625 sq. ft.337 m2
Taxes:
$5,059 /
-
Community:
East Hill
Exterior Features:
Stucco
View:
View (panoramic)
Structure Type:
Fourplex
Appliances Included:
Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Data was last updated August 21, 2026 at 09:45 PM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$579,900
Min list price:
$89,900
Max list price:
$1,899,000
Avg days on market:
46
Min days on market:
0
Max days on market:
270
Avg price per sq.ft.:
$433.08
These statistics are generated based on the current listing's property type
and located in
East Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.