109 DIVISION STREET N
Kingsville, Ontario
MLS® X13637784
$5,800,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13637784
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 32Listing description
Introducing a solid, purpose-built 34-unit apartment building nestled in the heart of Kingsville, one of Southwestern Ontario's most sought-after lakeside rental markets. Featuring a strong mix of 22 one-bedroom and 12 two-bedroom suites, fully tenanted to reliable tenants. Separate hydro meters, with all tenants paying their own hydro.
Many units currently rent well below market, offering significant upside as suites turn. A number of suites have been fully renovated to a modern standard, with a new on-site storage area recently added. Ideally situated just off Main Street, steps from downtown Kingsville's shops, restaurants, and grocery, minutes to the Kingsville Recreation Complex, Lakeside Park, and the Lake Erie waterfront, with a direct route to Windsor.
This is a rock-solid building and is sure to offer investors both growth and stability for years to come!
Property summary
- MLS® number
- X13637784
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1 sq ft
- Land size
- 1.343 acres
- Annual property taxes
- $30,945.42
- Parking
- 39 spaces
- Days on market
- 43 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
- Appliances
- Washer, Dryer
What would this home cost you?
Based on the $5,800,000 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 MILLENNIUM REAL ESTATE, WOODBRIDGE.
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.