BRAND NEW MULTIPLEX $11,400K MONTHLY INCOME PLUS UTILITIES

Description

NEW BUILDING, GO BUS STOP DIRECTLY IN FRONT OF BUILDING TAKES YOU RIGHT TO GUELPH UNIVERSITY IN 15 MINUTES, building currently rented out
UPDATED FEATURE SHEET

Features

6 Air Conditioners

6 Furnaces

6 Electrical Meters

6 Electrical Panels

6 Gas Meters

6 Water Meters

5 Tankless Hot Water Systems

6 HRV Ventilation Systems

4 Complete Kitchens plus 2 basement kitchen rough ins for future use

9 Washrooms

12 Bedrooms

5 laundry centers

2 Private Rooms (in basement)

1 Common living/ Amenities Room (in basement)

12 Egress basement windows in basement

All kitchens include brand-new stainless-steel appliances, white shaker cabinets, bar island and Quartz countertops

High grade half inch water resistant laminate floor through out building

Pot lights in all living spaces (minus bedrooms)

Exterior balconies

Exterior pot lights

Front and rear entrances

Each unit is 1250 square feet

Each unit is fully self sufficient with mechanical room in each unit

Central heating and air conditioning

High ceilings including basement

Building can be sold as separate condominiums

Fully tenanted bringing $11,400 monthly income ($136,800 annually) 5% cap rate, with the 6th unit conversion can bring up to $16,800 monthly or $201,600 annually, with no rent control, separate utilities
When you call please mention you found this ad listing on OKz.ca

Contact Information

Address:168 Alma Street, Rockwood, ON
City:Mississauga / Peel Region
Phone:905-531-XXXX (Show)

Other Information

Bathrooms:6
Bedrooms:6
For Sale By:Owner

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On OKz since February, 2018

905-531-XXXX


Posted on: 28/06/2024 @ 08:40 am

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