154-156 FREELTON Road
Freelton, Ontario
MLS® 40834250
$1,550,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40834250
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 22Listing description
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.
Property summary
- MLS® number
- 40834250
- Property type
- Multi-family
- Square footage
- 6,316 sq ft
- Title
- Freehold
- Annual property taxes
- $5,253.00
- Parking
- 9 spaces · Attached Garage, Open
- Days on market
- 112 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Wall unit
- Basement
- Unfinished, Partial
- Exterior features
- Concrete, Vinyl siding, Shingles
- Lot features
- Laundry- Coin operated
- Community features
- Quiet Area, School Bus
What would this home cost you?
Based on the $1,550,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Realty Inc., Waterdown.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.