Investor's Dream! Don't miss out on this incredible opportunity to add a Legal 9-Plex in Georgina to your portfolio. This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units. Currently, 8 units are rented out. Tenants pay for their own hydro with separate meters for each unit, ensuring convenience and efficiency. The property offers 2 access points to a 10-space parking lot, making parking a breeze for residents. With a history of generating great long-term income, this investment is a solid choice. Situated close to all amenities and with easy access to commuter routes leading south to Newmarket and the GTA, as well as north to Cottage Country, this sought-after location in York Region, is perfect for savvy investors looking to capitalize on a developing area. Don't let this opportunity slip away!
Extras
Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
66 x 159.06 ft
Office/Apt Area
100 ft2
Total Area
10,497 ft2
Approximate Age
51-99
Air Conditioning
N
Basement
Y
Garage Type
None
Heat Type
Baseboard
Gross Income/Sales
$91,852
Net Income Before Debt
$129,096
Hydro Expense
$2,782
Water Expense
$6,798
Insurance Expense
$4,654
Operating Expenses
$37,244
Expenses Actual/Estimated
Act
Outside Storage
N
Area Influences
Public Transit, Rec Centre
Sewers
Sanitary
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
R3-3
Seller Property Info Statement
N
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.