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15 Nov, 2024
9524 Springwater Rd, Malahide, Ontario, Orwell
MLS Number: X9301589

9524 Springwater Rd, Malahide

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9524 Springwater Rd, Malahide MLS Number: X9301589

Orwell, Malahide, Elgin, ON, N5P 3S7

$1,225,000

Status: Sold on Nov 15, 2024

  • 9+ Beds
  • 7 Baths
  • Property Type: Residential (Multiplex)
  • Property Taxes : $4220.12 (Tax Year:2024)
  • Listing Courtesy : Realty Advisors & Co Ltd

9524 Springwater Rd Property Description

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment.

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9524 Springwater Rd Property Facts

Property Type :Residential
MLS Number :X9301589
Listing Type :Sale
Possession Date :
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Last Updated :15 Nov, 2024 (15 Nov, 2024)
Source :TRREB
Area :Elgin
Postal Code : N5P 3S7

9524 Springwater Rd Property Price & Tax Insights

Price : $1,225,000
Property Taxes :$4220.12
Tax Year :2024

9524 Springwater Rd, Malahide Property Details

Bedrooms :9 +
No. of Rooms :19
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Cross Street :North on Springwater Rd from Talbot Line
Bathrooms :7
Fuel :Gas

Exterior Information

Exterior Finish :Brick, Vinyl Siding
Parking Space :15
Basement :None
Garage :None

9524 Springwater Rd, Malahide - Price History

2024-11

01 Nov, 2024

TREB #X9301589

Suspended

$1225000.0

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