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$4,250,000
Est. payment /mo
24 Beds
10 Baths
11,128 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 11,128 sqft
Price per Sqft $381
Subdivision 52 - Preston North
MLS® Listing ID 40704622
Bedrooms 24
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
Property Description
Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential. Average rent in the property is $2,299 per month plus all utilities. Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit. All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 14
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Royal LePage Wolle Realty