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NOW FULLY RENTED WITH A 10+% CAP RATE! Perfect for the seasoned investor seeking a cash-flowing building to add to your investment portfolio, this 7-unit, all-brick building is a must-see. Conveniently located just off HWY 144, and this property boasts five fully renovated units, with the remaining two units also updated within recent years. Each unit features its own hydro meter, reducing operating costs. The common areas have been upgraded with new carpeting, and efficient boiler heating. Additional perks include a coin-operated laundry facility generating an extra $2,500/year and ample on-site parking. With local amenities just a 5-minute walk away, this is a high-performing investment you don't want to miss. Schedule your viewing today! (id:38174)
| MLS® Number | 2119323 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Basement Type | Full |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Laminate |
| Foundation Type | Concrete Perimeter |
| Heating Type | Boiler |
| Roof Style | Flat |
| Utility Water | Municipal Water |
| Gravel |
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | 10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R1-5/ru |
https://www.realtor.ca/real-estate/27481993/101-service-road-onaping
Contact us for more information
(705) 523-0101
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