$1,225,000 FOR SALE

Multiplex 2-Storey

Bedrooms: 9Bathrooms: 7Lot: 125.42 x 203.86 ft
2024 Taxes: $4,220.12

9524 Springwater Rd
Malahide, ON N5P 3S7 | Orwell | Elgin

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment.

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Listed By THE AGENCY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9301589
Last Updated Oct 08, 2024
Property Summary
Property Type Multiplex

More like this:
PIN 352890154
Legal Description PART OF LOT 74 CON NTR MALAHIDE DESIGNATED AS PART 1, 11R7640 TOWNSHIP OF MALAHIDE
Possession Date FLEXIBLE
Taxes (2024) $4,220.12
Directions/Cross Streets North on Springwater Rd from Talbot Line
Neighbourhood Orwell
Area Elgin
Price History
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Detailed Information
Fronting On E
Special Designations Unknown
Bedrooms 9
Bathrooms 7
Rooms 19
Kitchens 4
Lot 125.42 x 203.86 ft
Exterior Brick, Vinyl Siding
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement None
Drive Other
Garage Spaces 0.0
Garage Type None
Parking Spaces 15
Total Parking Spaces 15.0
Heat Source Gas
Heat Type Forced Air
Sewers Septic
Water Municipal
Seller Property Info Statement N
Bathrooms
Pieces Level
2Main
4Main
42nd
22nd

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