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$1,099,900
Status: For Sale
Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $1800 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X12049582 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :31 Mar, 2025 (12 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Wellington |
|---|---|
| Postal Code | : N0G 1Z0 |
| Price | : $1,099,900 |
|---|---|
| Property Taxes | :$4122.75 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Baseboard |
| Cross Street | :Pellister |
| Fireplace/Stove | :No |
|---|
31 Mar, 2025
TREB #X12049582
Price Change
$1,099,900
