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$1,650,000
Available - For Sale
Listing ID: X9428944
INVESTORS - ADD THIS BEAUTY TO YOUR PORTFOLIO!! Welcome to Park Place, a 14-unit building in Morewood. Formerly Morewood Elementary School, the building was converted into 14 apartments in 2010. Extremely well maintained and cared for, the building consists of 2 bachelors, 11-one bedroom and one handicapped unit. Interior was completely redone between 2011-2014. Updates include laminate flooring throughout all units, kitchens, walk-in closets, ceramic tiles and electric fireplaces in some units. 2012 - Electrical/Plumbing/Fire Alarm System; 2018 - Gas Boiler/Chlorine Injection System; 2020 - Two Roof Top Heat Pumps-AC/Two 75 gal HWTs; and 2023 - Two Septic Pumps. Most units have 9 ft ceilings and open-concept living. Large bathrooms and bedrooms with walk-in closets. Excellent tenants that always pay on time. NEVER A VACANCY and ON-SITE CARETAKER. 30 minutes to St Laurent Shopping Centre, 21 minutes to the Amazon warehouse. Book a showing today.
Price $1,650,000
Taxes: $8,304
Occupancy by: Tenant
Address: 23 MOFFAT St , North Dundas, K0A 1R0, Ontario
Postal Code: K0A 1R0
Province/State: Ontario
Legal Description: PT LT 19 RCP 98 EXCEPT PT 1, 2, 4, 5, 6
Lot Size: 149.81 x 843.23 (Feet)
Directions/Cross Streets: Bank St south, left to Reg Rd 13 (past Harmony) to Morewood, right on Reg Rd 7 (Moffatt St), propert
Zoning: Residential
Category: Apartment
Insurance Expense: $10785
Water Expense: $0
Gross Income/Sales: $160590
Operating Expenses: $60595
Net Income Before Debt: $99995
Heat Type: Heat Pump
Central Air Conditioning: Central Air
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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.
KELLER WILLIAMS INTEGRITY REALTY

23 MOFFAT St , North Dundas, K0A 1R0, Ontario


 
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Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: North Dundas
Neighbourhood: 707 - North Dundas (Winchester) Twp
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Lot Size: 149.81 x 843.23(Feet)
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Tax: $8,304
Maintenance Fee: $0
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