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11 Private Road Marmora And Lake (Marmora Ward), Ontario L3Z 3H3

7554 sqft
None Hot Water Radiator Heat

$995,000

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exception opportunity! (id:63244)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12615536
Property Type Multi-family
Community Name Marmora Ward
Equipment Type Furnace
Features Irregular Lot Size
Rental Equipment Type Furnace

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Exterior 7554.11 Sqft
Size Interior 7554 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Zoning Description Cf

https://www.realtor.ca/real-estate/29176983/11-private-road-marmora-and-lake-marmora-ward-marmora-ward

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