522 N Parkside Drive
Property Overview
**Well-Maintained 4-Unit Investment Opportunity in Ontario** Fully occupied four-unit property situated in a convenient Ontario location, offering an attractive opportunity for investors seeking stable rental income and long-term potential. Each unit features a functional 2-bedroom, 1.5-bathroom floor plan, providing desirable living space for tenants and strong rental appeal. The property sits on an approximately 15,000-square-foot lot and offers a spacious front yard, private rear outdoor area, and ample parking. Recent exterior improvements include a **new concrete driveway, expanded parking area, and new perimeter fencing**. Select units also feature interior updates. Each unit includes a dedicated detached carport, along with additional driveway parking. All four units are separately metered for gas and electricity, with tenants responsible for their respective utility costs. The owner pays for water and trash, providing a straightforward utility structure. Ideally located with convenient access to the 10 Freeway, Ontario International Airport, Ontario Mills, schools, parks, shopping, and major amenities, the property benefits from its proximity to key transportation and employment centers. With full occupancy, established rental income, potential for future upside, and an approximate 6.5% cap rate, this property presents a compelling opportunity to add a well-positioned, income-producing asset to an investment portfolio.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1964
- Lot size
- 15,000 sq ft
- Parking
- 4 spaces
- Carport
- 4 spaces
- Stories
- 1
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Interior
- Unfurnished
- All Bedrooms Down
Appliances
- Free Standing Range
Parking
- Carport
- Driveway
Pool
- None
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- None
- Cooling
- WallWindowUnits
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 522 N Parkside Drive
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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