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Renanza Realty
For sale

195 SYDENHAM STREET

Dresden, Ontario

MLS® 26008265

$599,000

Status
Active
Property type
Multi-family
MLS® number
26008265
Bedrooms
Bathrooms
Year built
1900

Listing description

Excellent investment opportunity! 4-plex in the heart of Dresden featuring two–2-bedroom units and two–1-bedroom units, all with existing tenants in place—buyer to assume tenants. ALL UNITS ARE SEPARATELY METERED WITH EACH TENANT RESPONSIBLE FOR THEIR OWN HYDRO, WATER AND GAS.

Gross annual income of $52,722. 84 with rents as follows: Unit 1 – $1,300/month plus utilities, Unit 2 – $1,310. 98/month plus utilities, Unit 3 – $582.

59/month plus utilities, Unit 4 – $1,200/month plus utilities. Property features newer gas furnaces, and a new asphalt shingled roof. Ideally located directly across from the splash pad, baseball diamond, and community pool, and within a short walking distance to Dresden Area Central School and all downtown amenities, no driving necessary.

A well-located, solid income-producing property with strong rental appeal.

Property summary

MLS® number
26008265
Property type
Multi-family
Building type
Fourplex
Title
Freehold
Land size
57' X 79'
Built in
1900
Annual property taxes
$2,686.55
Days on market
131 days

Features & details

Heating
Natural gas, Furnace
Flooring
Hardwood, Laminate
Exterior features
Brick

What would this home cost you?

Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,787 /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 ROYAL LEPAGE PEIFER REALTY (DRESDEN), Dresden.

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.