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$2,199,999
Status: For Sale
Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the propertys rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, were offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed packagedont miss out!
| Property Type | :Commercial |
|---|---|
| MLS Number | :S11944269 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :28 Jan, 2025 (62 Days ago) |
| Source | :TRREB |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L9Z 2H5
|
| Price | : $2,199,999 |
|---|---|
| Property Taxes | :$7500.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Located at Mosley St at 19th St N |
|---|
28 Jan, 2025
TREB #S11944269
Available
$2,199,999
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