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$1,299,000 CAD
38 VICTORIA STREET
Asphodel-norwood (norwood), Ontario K0L 2V0
Canada
Asphodel-norwood (norwood), Ontario K0L 2V0
Canada
4,613.228 m2 ::
49,658 sqft
Residential For Sale, Multi Family
Sale price per sqm: 195.86
Remarks:
This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for constructing another residential building that would mirror the existing structure. Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment. (id:42016)
Features:
- Heating System: Forced Air, Electric
Location:
38 VICTORIA STREET, Asphodel-norwood (norwood), Ontario K0L 2V0, Canada
Listed By CENTURY 21 Innovative Realty Inc. Brokerage
The Residential For Sale, Multi Family located at 38 VICTORIA STREET, Asphodel-norwood (norwood), Ontario K0L 2V0, Canada is currently for sale. 38 VICTORIA STREET, Asphodel-norwood (norwood), Ontario K0L 2V0, Canada is listed for $1,299,000 CAD. This property has 49,658 sqft. If the property located at 38 VICTORIA STREET, Asphodel-norwood (norwood), Ontario K0L 2V0, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in Asphodel-norwood (norwood).