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$1,250,000
Available - For Sale
Listing ID: X12017977
Prime Investment Opportunity Fully Occupied 8-PlexAre you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!
Price $1,250,000
Taxes: $6,650.17
Tax Type: Annual
Occupancy by: Tenant
Address: 11 Private Rd , Marmora and Lake, K0K 2M0, Ontario
Postal Code: K0K 2M0
Province/State: Ontario
Legal Description: PT LT 109 PL 727, PART 1 21R23710; T/W Q
Directions/Cross Streets: Deloro St & Private Rd
Zoning: CF
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 7,554.11
Total Area Code:  Sq Ft
Financial Statement: Y
Chattels: Y
Sprinklers: N
Heat Type: Water Radiators
Central Air Conditioning: N
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY

11 Private Rd , Marmora and Lake, K0K 2M0, Ontario


 
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Type: Com - Investment
Area: Hastings
Municipality: Marmora and Lake
Neighbourhood: Marmora Ward
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Tax: $6,650.17
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