Size
6316 sqft
Lot size
16632 sqft
Street frontage
-
Possession
-
Price per sqft
$245
Taxes
$5,253 (2025)
Parking Type
-
Style
Other
See what's nearby
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. Don’t be TOO LATE*! *REG TM. RSA.
Broker: RE/MAX Escarpment Realty Inc.
MLS®#: 40748020
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
6316 sqft
Lot front:
66 Ft
Lot depth:
252 Ft
Listed on:
Jul 4, 2025
Show all details
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.