#3012 - 3018 Vanness Avenue

About

Solidly built, 6 years old freestanding building with street-level retail on the main floor and residential apartments upstairs. Conveniently located in the Collingwood area on Vanness Avenue & Earles Road and steps to the 29th SkyTrain Station. There are 2 commercial units (approximately 630 SqFt and 450 SqFt), 4 residential units (two 2-bedrooms and two 1-bedroom), 5 parking stalls with gated security and a bicycle/storage room. This well constructed 4,346 SqFt three-storey building has masonry and hardie-board walls, a concrete and steel podium between the first and second floors, wood frame construction on the second and third floors, quality vinyl windows and a torch-on roof.  The stabilized net income is approximately $50,000/year. This low maintenance, trouble-free, easy-to-manage property will last for years to come.  Ideal for a small business user/owner.  Live upstairs, work downstairs, and collect stable income.  Better cash flow then investing in a detached home!