4045 Elmview Drive
Hanmer, Ontario
MLS® 2131276
$1,100,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2131276
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 64Listing description
With mixed emotions, the sellers are offering this exceptional investment property for sale. Located in the heart of Hanmer, this impressive, predominantly brick fourplex is situated on a generous 105' x 150' lot and generates $104,478 in current annual gross rental income. Built in 1991, the property features a practical layout with private entrances, in-suite laundry, balconies and individual heating and air conditioning.
Exceptionally well equipped with five gas meters, five gas furnaces, five hydro meters and five air conditioning units, three of which are new. With virtually no interior common areas other than the hydro meter room, the building offers excellent functionality and minimal shared space to maintain. The expansive paved parking area provides plenty of room for vehicles and snow storage throughout the winter months.
Conveniently located directly across from the local recreation centre and close to everyday amenities. A substantial income-producing property offering an attractive opportunity for investors looking to expand their portfolio.
Property summary
- MLS® number
- 2131276
- Property type
- Multi-family
- Title
- Freehold
- Days on market
- 0 days
Features & details
- Heating
- Forced air
- Cooling
- Central air conditioning
- Basement
- None
- Flooring
- Laminate
- Exterior features
- Brick
What would this home cost you?
Based on the $1,100,000 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 JOHN E. SMITH REALTY SUDBURY LIMITED, BROKERAGE, Sudbury.
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.