91 Division Street, Cramahe, ON Image 1

$699,900

Detached For Sale
MLS - #X12048093
2 days ago- By REAL BROKER ONTARIO LTD.

91 Division Street, Cramahe, ON K0K 1S0

8 Bed
5 Bath
None Garage

Property Description

Property type

Detached

Lot size

< .50

Style

2 1/2 Storey

Approx. Area

N/A Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.89 x 3.58 mLaminate, Eat-in Kitchen, PantryMain
Living Room4.91 x 4.81 mLaminateMain
Bedroom4.63 x 2.41 mBroadloomSecond
Bedroom4.03 x 3.61 mBroadloomSecond

About 91 Division Street

FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Unfinished, Partial Basement

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Unfinished, Partial Basement
Cooling:None
Heating:Forced Air
Parking Features:Private
0
Similar Homes Found
$0
Average Price
69990000.0%
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 91 Division Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2673.14/ month
$559,920 Principal and Interest
$671,904 Property Taxes

Some information about this property - Division Street

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