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

Marmora and Lake K0K 2M0 Ontario

MLS: X12017977

$1,250,000

Added 11 days ago | For Sale

Listed by: ROYAL LEPAGE PROALLIANCE REALTY

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Deloro St & Private Rd
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $6650.17
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Water Radiators
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12017977

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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