Size
-
Lot size
38840 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$21 - $280
Taxes
$4,939 (2025)
Parking Type
-
Style
2-Storey
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Description
A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow.Rent roll and financial information available upon request to qualified buyers.
Broker: Wiltshire Realty Inc. Brokerage
MLS®#: X12681700
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
126 Ft
Lot depth:
194 Ft
Listed on:
Jan 9, 2026
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Instant estimate:
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$149,973
lower than listed pricei
High
$1,330,230
Mid
$1,249,927
Low
$1,215,925
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