Size
-
Lot size
18592 sqft
Street frontage
-
Possession
30 days tba
Price per sqft
-
Taxes
$5,397.12 (2024)
Parking Type
-
Style
2-Storey
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Description
REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary public school! Comprised of 5 2BR & 1 1BR apts, 12 assigned parking spots , (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach - Angus- Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment with a 5% cap rate and units valued at $267,000 each which is hard to find!
Broker: RE/MAX HALLMARK CHAY REALTY
MLS®#: N11921264
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
-
Lot front:
250 Ft
Lot depth:
74 Ft
Listed on:
Jan 13, 2025
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Instant estimate:
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$125,292
lower than listed pricei
High
$1,548,338
Mid
$1,474,608
Low
$1,400,877