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For Sale
$1,550,000
MLS® 40834250
154-156 FREELTON Road
Freelton, Ontario, L8B0Z5
- Beds / Baths
- 8 bed · 4 bath
- Interior
- 6,316 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Parking
- 9
- Ownership
- Freehold
Property facts
- Beds / Baths
- 8 bed · 4 bath
- Interior
- 6,316 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Parking
- 9
- Ownership
- Freehold
About this property
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop 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 ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA. (id:53361)
Features & details
- Sewer
- Septic System
- Water
- Municipal water
- Cooling
- Central air conditioning, Wall unit
- Heating
- Forced air, Natural gas
- Parking
- Attached Garage, Open
- Basement
- Unfinished, Partial
- Exterior
- Concrete, Vinyl siding, Shingles
- Amenities
- Quiet Area, School Bus
- Fireplace
- false
- Zoning
- S2
- Lot Features
- Laundry- Coin operated
- Photos Count
- 22
- Tax Annual Amount
- 5253
- Originating System
- Cornerstone Association of REALTORS®
- Number Of Units Total
- 8
- Internet Address Display
- true
Location
154-156 FREELTON Road, Freelton, Ontario, L8B0Z5
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