Last price change Apr 14
10bed
8bathProperty type
Multiplex
Lot size
N/A
Style
2-Storey
Approx. Area
N/A
| Room Type | Dimension (length x width) | Features | Level |
|---|---|---|---|
| N/A | N/A | N/A | N/A |
**Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained brick and concrete construction with metal siding features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler and furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, with total expenses of $17,820 and a strong 6.7% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation with potential upside and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity!
Last updated
Apr 14
Virtual tour
None
Basement information
Finished
Building size
--
Status
In-Active
Property sub type
Multiplex
Maintenance fee
$N/A
Year built
--
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