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$1,550,000
Est. payment /mo
13 Beds
10 Baths
6,316 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,316 sqft
Price per Sqft $245
Subdivision 043 - Flamborough West
MLS® Listing ID 40748020
Bedrooms 13
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. Don't be TOO LATE*! *REG TM. RSA. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning, Wall unit
Exterior
Parking Features Yes
Community Features Quiet Area, School Bus
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold
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Listed by RE/MAX Escarpment Realty Inc.