Size
-
Lot size
14393 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$367 - $440
Taxes
$4,609 (2024)
Parking Type
-
Style
2-Storey
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Description
Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000.
Broker: BLUE FOREST REALTY INC.
MLS®#: X12023560
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
125 Ft
Lot depth:
115 Ft
Listed on:
Mar 17, 2025
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Instant estimate:
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$65,578
lower than listed pricei
High
$1,100,880
Mid
$1,034,422
Low
$1,006,282
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