Homes for sale - 9 West RD, Huntsville, ON P1H 1K9

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 1,179,900

Est. payment | -/mo

4 Beds

4 Baths

Save

$ 1,179,900

Est. payment | -/mo

Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Chaffey

MLS Listing ID X12006602

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,164

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Great investment opportunity! Huntsville has an excellent rental market, with a lower share of renter households compared to provincial averages. This building makes up over 1% of the purpose-built units in Huntsville! The Town is considered to have a 0% vacancy rate, a rate it has maintained for several years. Vacancy rates below 3% can drive up rents as tenants compete for fewer units. All this points to a property withan excellent ROI, only to increase with time. This four-plex is located within walking distance of downtown Huntsville. the building was completely renovated in 2012 with new plumbing, electricalsiding, roof, doors, windows, flooring, cabinetry, bathrooms and fixtures, and R60 insulation. New commercial boiler installed in July 2023. This propertyhas four one bedroom units with natural gas hot water radiators, separate Hydro panels in each apartment, modern kitchens, bathrooms and finishes. The basement has coin-operated laundry and a separate storage space for the landlord's use. Plenty of parking and nicely treed, private back and side yards for tenants to enjoy. All 4 units fully rented with excellent income.

Location

Province ON

County Muskoka

Community Chaffey

Area Muskoka

Rooms

Family Room No

Basement Partial Basement, Partially Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Separate Heating Controls, Sump Pump, Upgraded Insulation

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Pool None

Roof Type Metal

Lot Frontage 67.0

Lot Depth 164.0

Total Parking Spaces 6

Building

Unit Features Golf,Hospital,Library,Place Of Worship,Public Transit,Rec./Commun.Centre

Foundation Stone

Others

ParcelsYN No

Listed by RE/MAX Professionals North

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

9 West RD Huntsville, ON P1H 1K9