154-156 FREELTON Road, Freelton, Ontario, L8B0Z5
MLS: 40748020 | Multi-family
$1,550,000
Property 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. 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. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 13
- Bathrooms: 10
- Living Area: 6,316 sq ft (586.8 m²)
- Above Grade: 6,316 sq ft (586.8 m²)
- Ownership: Freehold
- Parking: 9 spaces (Attached Garage, Open)
- Frontage: 66 ft (20.1 m)
Costs
- Annual Taxes: $5,087.00
Listing Provided by: RE/MAX Escarpment Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning, Wall unit
- Basement: Unfinished, Full
Exterior & Construction
- Exterior: Concrete, Vinyl siding
- Construction: Concrete block, Concrete Walls
- Foundation: Poured Concrete
- Sewer: Septic System
- Water: Municipal water
Lot & Land
- Frontage: 66 ft (20.1 m)
- Features: Laundry- Coin operated
- Zoning: S2
Community & Neighbourhood
- Community: Quiet Area, School Bus
- Subdivision: 043 - Flamborough West
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 154-156 FREELTON Road, Freelton, Ontario, L8B0Z5
Location & Neighborhood
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