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$ 1,395,000
Est. payment | /mo
6 Beds
$ 1,395,000
Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8299098
Style 1 1/2 Storey
Bedrooms 6
Annual Tax Amount $5,600
Tax Year 2023
Property Description
Welcome to this purpose-built, all-brick fourplex nestled on a massive 50 X 243' ravine lot. Renovated in 2022, this property boasts two 3-bedroom units and two 2-bedroom units, offering a perfect balance of spaciousness and comfort. The units feature modern finishes and amenities, ensuring a desirable living experience for tenants. With a Gross Annual Rental Income of approximately $95,000, this fourplex presents a lucrative investment opportunity. The brand-new boiler system installed in 2023 adds to the property's appeal, providing efficient heating and hot water for all units. Parking is abundant with space for 8 cars, ensuring convenience for tenants and visitors alike. Additionally, two sets of laundry machines are available on-site, enhancing the overall tenant experience.
Location
Province ON
County Middlesex
Rooms
Family Room Yes
Basement Apartment
Kitchen 4
Separate Den/Office 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 8
Building
Foundation Concrete
Listed by RE/MAX PRESIDENT REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN