Property Details

1 – 3 Bonfield Avenue

Prime Beach Investment Property – South of Queen Street East

6 Charming Suites in AAA location

4 – 2 Bedroom  / One Bedroom / Bachelor

Short Walk to Boardwalk, Beach,  Vibrant Queen St E

Charming front Terraces on Upper Suites and Porches on Main Floor Suites.

$ 2,450,000

Floor Plans, Survey and Inspection report are available

INCOME STATEMENT

Revenue

1 A             $ 1,611

1 B             $ 2,500  (Projected / Vacant)

1 C             $ 1,350

1 D             $    774

3 A             $ 1,737

3 B             $ 2,500      (Projected / Vacant)

Gross Yearly Income                                                         $ 125,664

Expenses 2024

Property Taxes   $ 14,463.38 (2025)

Insurance           $   5,740.20 (2025)

Water-Waste      $   3,681.20

Gas                     $   4,718.20

Hydro                 $   1,525.13

Total Yearly Expenses                                                        ($  30,128)

Net Yearly Income                                                             $   95,536

A: Upper    B: Main   C & D: Basement

All Tenants are Month to Month

$ 2,450,000