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$1,099,900
Available - For Sale
Listing ID: N12327058
Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of 5.85%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns. Great Investment! Great Investment! 5.56% Cap, potential to increase Net Income two ways. Financials Available Upon Request. Unit 3 now vacant as of Sept 1st.
Price $1,099,900
Taxes: $5,236
Tax Type: Annual
Occupancy by: Tenant
Address: 61 Main Stre South , Uxbridge, L9P 1J4, Durham
Postal Code: L9P 1J4
Province/State: Durham
Legal Description: PT LT 9, BLK 63 PL 83 AS IN D384680 TOWN
Directions/Cross Streets: Main St S & Brock St W
No. of Pieces Level
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Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,670
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse   Public Transit
Franchise: F
 Management Expense: 0
Maintenance: 0
Water Expense: $1600
Net Income Before Debt: $64446
Expenses Actual/Estimated: $Est
Sprinklers: No
Width Feet: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-HERITAGE REALTY INC.

61 Main Stre South , Uxbridge, L9P 1J4, Durham


 
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Type: Com - Investment
Area: Durham
Municipality: Uxbridge
Neighbourhood: Uxbridge
Style:
Lot Size: x 110.43(Feet)
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Tax: $5,236
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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