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In-PersonVirtual Tour
$ 2,980,000
Est. payment | /mo
2 SqFt
$ 2,980,000
Est. payment | /mo
2 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $1,490,000
Subdivision Macaulay
MLS Listing ID X12179714
Annual Tax Amount $16,154
Tax Year 2024
Property Sub-Type Investment
Property Description
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner.
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Zoning R4, EP1
Interior
Cooling No
Exterior
Utilities Available Yes
Listed by ED LOWE LIMITED
"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