Welcome to Walter's Lane! Unlock the perfect combination of homeownership and investment with this multi-unit triplex. Ideal for owner-occupants, this is your chance to live in one unit while renting out the two others to offset your mortgage - making homeownership more affordable. The main unit in the triplex is currently vacant, it consists of two bedrooms & a bathroom on the main level, the developed lower level contains a bedroom, bathroom, laundry area & a versatile space for a home office, a place for relaxation with family or entertaining guests. The two other units are currently occupied, these units are both modern and functional each consisting of an open concept kitchen and living area, two bedrooms, a bathroom and ample closet space for storage. The tenants in these two units pay their own heat/electric bill. This property is conveniently located near key amenities including restaurants, shopping, a fitness center & public transportation. Don't miss out on this rare opportunity to own a property that can provide the lifestyle and financial benefits you've been looking for!
From George St, take a right onto Prince St, head towards Grand lake Rd, from Grand lake Road, take a right onto Walter's Lane. Walter's lane is the last street before the traffic lights.
Listing Sub-Area:
201-Sydney
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
22 x 32
Lot Size:
17,001 sq. ft.1,579 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Age:
11
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Concrete
New Constr.:
No
Basement:
Crawl Space, Fully Developed
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Garage Description:
N/A
Parking:
Yes
Parking Description:
Gravel driveway per each unit
Driveway:
Dirt
Water Supply:
Municipal
Water And Sewage:
$950.00
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, $1300.00, $1090.00, $2500.00
Insurance Expense:
$2415.00
Taxes Costs:
$5637.43
Snow / Garbage Collection:
Snow removal $360.00
Heating Bill:
Heat/electric bill is combined
Electricity Bill:
$3500.00 (Main unit only)
Approx. Total Income:
$4830.00 Monthly
Golf Course, Public Transit, Shopping
Range - Electric, Dryer, Washer, Refrigerator
None
None
No
66 Walters Lane Lot 15-1 Grand Lake Road Dwellings
Data was last updated February 22, 2025 at 01:20 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$329,000
Min list price:
$199,000
Max list price:
$549,900
Avg days on market:
94
Min days on market:
4
Max days on market:
117
These statistics are generated based on the current listing's property type
and located in
201-Sydney. Average values are
derived using median calculations.