87-93 NORTH TOWN Line W
Ingersoll, Ontario
MLS® 40813629
$900,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40813629
- Bedrooms
- 10
- Bathrooms
- 0
- Year built
- 1945
1 / 2Listing description
** Rare Investment Opportunity! ** We are excited to present this unique Real Estate investment opportunity comprising 5 units - a duplex and a triplex. This property boasts an exceptional investor return with a 7.
14% cap rate. Detailed financial numbers and a spreadsheet are available for review. Located in a quiet and mature area, the property features a large lot measuring 86' x 252', providing plenty of space for outdoor activities.
There is ample parking with 2 driveways, and one tenant looks after maintaining the grass cutting and snow removal. The property has been maintained, with newer wiring, plumbing, roof, siding, and interiors updated in 2017. Further interior renovations 2024/2025/2026.
Each unit has separate entrances and is separately metered (except for water in the back 3 units). Additionally, the property comes with 5 fridges and 5 stoves. Come and view this investment!
Property summary
- MLS® number
- 40813629
- Property type
- Multi-family
- Square footage
- 800 sq ft
- Title
- Freehold
- Built in
- 1945
- Annual property taxes
- $3,781.00
- Parking
- 5 spaces · Open
- Days on market
- 181 days
Features & details
- Cooling
- Wall unit
- Basement
- None
- Exterior features
- Aluminum siding
- Lot features
- Crushed stone driveway, Shared Driveway
What would this home cost you?
Based on the $900,000 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 KELLER WILLIAMS INNOVATION REALTY, KITCHENER.
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.