Size
-
Lot size
16632 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$24 - $310
Taxes
$5,253 (2025)
Parking Type
-
Style
2-Storey
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Description
Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. RSA
Broker: RE/MAX ESCARPMENT REALTY INC.
MLS®#: X12263234
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
66 Ft
Lot depth:
252 Ft
Listed on:
Jul 4, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Second | Living Room | 13.0 x 13.1 ft | |
Second | Primary Bedroom | 9.3 x 9.7 ft | |
Second | Kitchen | 21.1 x 13.1 ft |
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Instant estimate:
orto view instant estimate
$100,757
lower than listed pricei
High
$1,478,228
Mid
$1,449,243
Low
$1,420,258
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