36 Victoria Street Image 1

$1,299,000

Feb 28Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X11993786

36 Victoria Street, Asphodel-Norwood, ON K0L 2V0

0
Similar Homes Found
$0
Average Price
129900000.0%
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.

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 36 Victoria Street

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 possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer's agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

0.75

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 INNOVATIVE REALTY INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Electric Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4961.30/ month
$1,039,200 Principal and Interest
$1,247,040 Property Taxes

Location

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Walk Score for 36 Victoria Street

Some information about this property - Victoria Street

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