1 / 22154-156 FREELTON Road
Freelton, Ontario, L8B0Z5
$1,550,000
Bedrooms
8
Bathrooms
4
Living area
6,316 square feet
Parking
9
About this property
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:66779)
Details
- Sewer
- Septic System
- Cooling
- Central air conditioning, Wall unit
- Heating
- Forced air, Natural gas
- List aor
- Cornerstone
- Stories
- 2
- Basement
- Unfinished, Partial
- Directions
- 401 to Hwy #6 South turn right onto Freelton Rd. Property is on the left
- Fireplace
- No
- Lot features
- Laundry- Coin operated
- Water source
- Municipal water
- Parking features
- Attached Garage, Open
- Tax annual amount
- 5,253
- Exterior features
- Concrete, Vinyl siding, Shingles
- Community features
- Quiet Area, School Bus
- Foundation details
- Poured Concrete
- Zoning description
- S2
- Construction materials
- Concrete block, Concrete Walls
- Above grade finished area
- 6,316
More in Freelton
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