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Renanza Realty
For sale

183 MAURICE DRIVE

Oakville (CO Central), Ontario

MLS® W13756534

$4,695,000

Status
Active
Property type
Multi-family
MLS® number
W13756534
Bedrooms
Bathrooms
Year built

Listing description

183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity.

Well-maintained and extensively renovated 12-suite apartment building situated on a large 118. 5' x 90. 29' lot in Oakville.

The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: *12 Residential Suites *6 x Two-Bedroom Suites *6 x One-Bedroom Suites *Approximately $215,000 Net Income *16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout *Numerous custom kitchens featuring quartz countertops and stainless-steel appliances *Numerous Modernized bathrooms *3/4-inch solid oak hardwood flooring in many living areas and bedrooms *Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118. 5' x 90.

29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future.

Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth.

Property summary

MLS® number
W13756534
Property type
Multi-family
Building type
Multi-Family
Square footage
10,753 sq ft
Land size
118.5 x 90.29 FT
Annual property taxes
$23,327.00
Parking
16 spaces
Days on market
9 days

Features & details

Heating
Hot water radiator heat, Natural gas
Cooling
None
Appliances
Washer, Dishwasher, Dryer

What would this home cost you?

Based on the $4,695,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$21,845 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PRIME PROPERTIES - UNIQUE GROUP, TORONTO.

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.