ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Multiplex Property
30 Rooms Total, 6 Kitchens
10 Parking Spaces
LOT SIZE
61.90 x 129.94
PROPERTY FEATURES
Finished Basement
Metal/Side Exterior
Book Showing
Request More Info
Send Text Message
SALES HISTORY
04/05/2025
FOR SALE
$1,499,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
**Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building In Jarvis!** An Outstanding Multiplex Investment Offering Stable Rental Income, With All Units Currently Occupied. This Well-Maintained Brick And Concrete Construction With Metal Siding Features Four Spacious Two-Bedroom Units And Two One-Bedroom Units, Each Separately Metered. Recent Upgrades Enhance Long-Term Value, Including A Newer Pump (2024), Windows (2023-2024), Boiler And Furnace (2018), Resurfaced Roof (2017), And Updated Siding (2019). This Income-Generating Property Produces A Gross Total Income Of $115,360 Per Year, With Total Expenses Of $17,820 And A Strong 6.5% Cap Rate. Tenant Storage Lockers And Ample Parking Add Further Value. Situated In A Growing Community Just 35 Minutes From Highway 403/Hamilton, This Property Offers Long-Term Appreciation With Potential Upside And The Ability To Increase Rents To Market Value Over Time. Don't Miss This Incredible Investment Opportunity!
LEGAL DESCRIPTION
Lt 51 Pl 6407; Pt Lt 50 Pl 6407 As In Hc203964; Haldimand County
Call: 416-800-1055
BATHROOMS
4-piece on main level
4-piece on 2nd level
4-piece on lower level
Book Showing
Request More Info
Send Text Message