Are you looking for an opportunity to live and rent out, or an investment to rent out all units. This fourplex apartment building, featuring four units, each Apartment has approx 1000 sq ft plus parking lots for 6 cars, 2 bedrooms and 1-4pc bathroom, available with Vendor Take-Back (VTB) financing on approved credit at reasonable rates offers an ideal investment opportunity. Each unit, equipped with its own hot water supply, tenants pays for its own hydro. The building features two upper-level apartments with balconies and two lower-level walk-out apartments. Conveniently located next to Zehrs Shopping Centre and close to downtown, it also offers easy access to a nearby park, making it an attractive option for tenants. Currently fully tenanted with Good long term Tenants, Parking out front, close to Downtown, parks, Shopping Centre, Quiet and comfortable living **EXTRAS** Total Revenue : Unit 1 $1,025 per month, Unit 2 $925 per month, Unit 3 $1,530 per month, Unit 4 $1,025 per month total $4,505.00/month x 12 $54,060.00/year, Each of the fourplex are owners as a 1/8th owner of the common areas property PIN 34021-0003. Share expenses for the snow removal, lawn cutting, garbage removal approx $600 per month to executive committee manager.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
3500-5000
Lot Size:
<.50
Lot Depth:
0'0 m
Lot Frontage:
92'2"28.1 m
Lot Shape:
Irregular
Topography:
Flat
Direction Faces:
South
Bedrooms:
8
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
8
Kitchens Above Grade:
4
Rooms Above Grade:
20
Zoning:
RM1
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
TBD
Lot Irregularities:
Irregular
Pool:
None
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Taxes:
$7,100 /
2024
Assessment:
$- /
-
Dufferin
Orangeville
Orangeville
Level, Park, Place Of Worship, School, Rec./Commun.Centre
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