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Listed by Irina Reznik • Times Realty Group Inc., Brokerage
$799,999
Est. payment /mo
30,773 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 10,000+
Square Footage 30,773 sqft
Price per Sqft $25
MLS Listing ID H4203136
Property Sub-Type Investment
Property Description
Outstanding Opportunity for Investors with an Impressive 10+% Cap Rate! This Exceptional Turnkey Property is a Rare Find. Current Net Operating Income of $91,613 Per Year. This meticulously maintained property offers 5 Residential Units, including a 1-5 bedroom, 1-3 bedroom, and 3Bachelor units. The property boasts a beautifully landscaped secluded yard, private parking for 6cars, and is conveniently located near 3 bus routes. Additional features include coin laundry, keyless entries, cameras, and a fire-system for fire compliance. Recently Renovated in 2022-2023with updates such as a new deck, eavestrough, roof, siding, trench rainwater drainage system, laminate flooring, bathrooms, kitchens, parking spots, walkway, stairs, and appliances. This property also benefits from a very low maintenance property management system. Hot Water Tank: 1 Owned 2 Rented ($63.37). Lot area: 6383sqf, building 3444 sqf. All units fully furnished, furniture is negotiable.
Location
Province ON
County Hastings
Direction Between Catharine Street and West Moira Street
Interior
Heating Baseboard, Gas Forced Air Open, Radiant
Inclusions Dryer, Washer, Hot Water tank, Refrigerators full size(4), Refrigerators mid size(2), Stove(2), Hot Plates (3), Smoke Detectors, Security Cameras (3)
Exterior
Utilities Available Available
Waterfront Description None
Present Use OTHER
Lot Frontage 67.54
Lot Depth 226.38
Building
Sewer Sanitary
Water Municipal
Others
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