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154-156 FREELTON Road

Flamborough West, Freelton, L8B0Z5

Listed by RE/MAX Escarpment Realty Inc.

$1,550,000

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  • 8 bedrooms
  • 4 bathrooms
  • 9 parking
  • 6316 sq ft

Listed 147 days ago · MLS® 40834250

About this home

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA. (id:66966)

Details

Type
Multi-family
Size
6316 sq ft
Basement
Unfinished, Partial
Garage
Garage
Property tax
$5,253
Neighbourhood
Flamborough West
Municipality
Freelton

Interior

Fireplace
No

Heating, cooling and services

Heating
Forced air, Natural gas
Air conditioning
Central air conditioning, Wall unit
Water and sewer
Septic System

Building and exterior

Exterior
Concrete block, Concrete Walls
Foundation
Poured Concrete
Outdoor
Concrete, Vinyl siding, Shingles

Parking

Total parking
9
Driveway and parking
Attached Garage, Open

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Escarpment Realty Inc..

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