190 SHERIDAN STREET

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: $689,000
• Bedrooms: 6
• Bathrooms: 4
• Lot size: 52 x 160 FT
• Parking: 4
• Listing key: 29761786

Listing overview

Excellent opportunity to acquire a solid fourplex with positive cashflow and Over 8% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current/Estimated total rent is $68,307, with expenses of class="container" id="details-container"3,084, resulting in net operating income of $55,223. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall re...