Attention investors! 5 Plex on 0.955 Acres of land (Almost 1 acre). Located next to small gas station with convenience store. 4 residential units fully leased plus 1 Commercial unit at front, 1166 sq ft . 2 bedroom apartment $900/m(superintendent/tenant). 2 bedroom apartment $800/m. 1 bedroom apartment $825/m. 1 bedroom apartment $780/m. 1 commercial unit Rent $1200/m start Oct 1st making total rent $4425/month. ***Tenants pay own Heat and Hydro.Approx., 4.8% CapRate on $1.1M List price.Many possibilities with this investment property. Rezoning to residential development is possible. Potential to be a drive through restaurant or coffee shop. Property has some wetland conservation at the back near the lot line. Great location across the road from school, near Brooklin Park and major roadways.Do Not Walk The Property without an appointment.
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Sold history
General Info
6 bedroom semi-detached house in Milton 11310 Guelph Line, MLS: W8462454
Style | Type
2-storey | multiplex
Lot Width
106.5 ft
Lot Length
306.4 ft
Rooms
Bedrooms
6
Total Rooms
15
Bathrooms
5
Parking
Garage spaces
0
Total spaces
14
Driveway
private
Financial info
Taxes
$4,262 / 2023
Additional info
Fireplace/Stove
none
Heating
baseboard
Extras
possible seller take back 1st mortgage up to 75% at current rates.***