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9 + 7
BEDROOMS8
BATHROOMS8
KITCHENS39
ROOMSX8309120
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-06 | 2024-10-31 | 178 | $1,100,000 | - | Expired |
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Property Description
Calling all investors! You can't miss this rare opportunity to own 3 separate buildings on 2 parcels of land, 8 units in total. LARGE potential for value add, create more units as well as further development. Close to Fanshawe College, Argyle Mall and quick access to the 401 highway making these units attractive to a wide demographic. Huge parking lot enough to accommodate all tenants with room for visitors. $89,599 current rental income. Potential income as much as $122,000. SELLER WILLING TO ENTERTAIN VTB!!
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Property Details
Street
Community
City
Property Type
Multiplex, Other
Lot Size
125' x 115'
Fronting
East
Taxes
$4,281 (2023)
Basement
Other
Exterior
Stucco/Plaster, Vinyl Siding
Heat Type
Water
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
12
Driveway
Available
Garage Type
None
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Similar Listings
Welcome to this purpose-built 6-plex, a prime multi-family investment opportunity with high income potential. The property features 4 spacious two-bedroom units and 2 larger three floor, currently being used as 3 bedroom, 1.5 bathroom units, offering versatility and appeal to a wide range of tenants. All units are thoughtfully designed for comfortable living. The building includes convenient onsite parking located at the rear, providing hassle-free access for tenants. The property is heated by 3 boilers helping to keep heating costs down. This property is steps away from popular attractions like Western Fair, 100 Kellogg Lane, and a variety of charming boutique shops. Tenants will enjoy the lifestyle convenience of nearby dining, entertainment, and local businesses, all while being just minutes from public transportation and major roadways. Ideal for investors seeking a solid income property in a desirable location. Don't miss this opportunity!
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