11 Private Road, Marmora and Lake, ON Image 1

$1,175,000

$1,250,000
6.0% dropped

Last price change 4 days ago

Investment For Sale
MLS - #X12017977
4 days ago- By ROYAL LEPAGE PROALLIANCE REALTY

11 Private Road, Marmora and Lake, ON K0K 2M0

Bed
Bath
7554.11 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

7554.11 Sqft

About 11 Private Road

Prime Investment Opportunity Fully Occupied 8-Plex! Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

7554.11

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Water Radiators
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
117500000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 11 Private Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4487.70/ month

Some information about this property - Private Road

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