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$2,980,000
Est. payment /mo
2 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $1,490,000
Subdivision Macaulay
MLS® Listing ID X12179714
Lot Size 2.023 Acres
Acres 2.023
Source Toronto Regional Real Estate Board
Property Description
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by ED LOWE LIMITED