38 Victoria Street, Asphodel-Norwood, ON Image 1

$1,299,000

Investment For Sale
MLS - #X11993746
Mar 23- By CENTURY 21 INNOVATIVE REALTY INC.

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

Bed
Bath
1.14 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1.14 Sqft

About 38 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

Mar 23

Virtual tour

None

Basement information

Building size

1.14

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

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

Location

Walking Icon

Walk Score for 38 Victoria Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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

Some information about this property - Victoria Street

shally image

Book a Showing

Tour this home with Shally ✨

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Modern architectural building
Newsletter Subscription

Stay Ahead with Exclusive Pre Construction Deals

Join our newsletter and never miss out on the latest pre construction projects, exclusive investment opportunities, and special offers. Be the first to access floor plans, pricing, and VIP incentives before they hit the market.

Your email is 100% confidential and won't send you any spam.