25 Oakridge Ave

TRIPLEX CONVERSION PROJECT. This property is presently a single dwelling used as a large student rental property with 11 bedrooms (7 bedrooms on the main floor, 4 bedrooms in the basement). There is also 3 separate full kitchens, each with their own additional living/dining areas. There is currently 4 bathrooms - 2 on the main level and 2 in the basement. All bathrooms have sinks, toilets, and showers. This is a great location for rental potential. Only 2km from Brock University and 2km from Pen Centre and all shopping amenities. New investor can choose to keep the property as a large student rental property to generate cash flow right away, OR take on this triplex conversion project. Drawings have been proposed and approved for the conversion. The plans feature some internal adjustments to create separate entrances to each of the 3-units, as well as proper fire and building codes. The main floor would be converted into a massive 3-bedroom unit. The basement would be split into two 1 bedroom units. Great potential to earn an excellent return on investment. Lots of pluses with this property - poured concrete foundation, central air, new furnace (2019), new HWT (2019), new shingles (2019), 2 concrete driveways, double attached garage. Appliances and furniture included. Email listing agents for more information regarding proposed plans & details. Buyer responsible to satisfy themselves with due diligence. (id:22211)