Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was just rented out at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!
LT 13 E/S YORK ST PL WALKER'S PALMERSTON; PT LT 12 E/S YORK ST PL WALKER'S PALMERSTON AS IN RO700825; MINTO
Possession Date
Immediate/Flex
Taxes (2024)
$5,392
Assessment (2024)
$391,000
Directions/Cross Streets
York and Main St
Neighbourhood
Palmerston
Area
Wellington
Price History
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
Fronting On
S
Link
N
Special Designations
Unknown
Bedrooms
6
Bathrooms
5
Rooms
19
Kitchens
5
Lot
72 x 132 ft
Approximate Square Footage
3500-5000
Exterior
Stucco/Plaster
Air Conditioning
None
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Full
Garage Spaces
0.0
Garage Type
None
Parking Spaces
6
Total Parking Spaces
6.0
Heat Source
Gas
Heat Type
Other
Other Structures
Workshop
Sewers
Sewers
Water
Municipal
Zoning
Residential
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Dining
Ground
4.24 m x 3.28 m(13.91 ft x 10.76 ft)
Living
Ground
3.85 m x 5.6 m(12.63 ft x 18.37 ft)
Kitchen
Ground
2.54 m x 2.78 m(8.33 ft x 9.12 ft)
Br
Ground
3.18 m x 3.58 m(10.43 ft x 11.75 ft)
Kitchen
Ground
3.65 m x 2.63 m(11.98 ft x 8.63 ft)
Living
Ground
3.51 m x 5.58 m(11.52 ft x 18.31 ft)
Br
Ground
3.37 m x 3.53 m(11.06 ft x 11.58 ft)
Dining
2nd
4.23 m x 3.3 m(13.88 ft x 10.83 ft)
Kitchen
2nd
2.54 m x 2.71 m(8.33 ft x 8.89 ft)
Living
2nd
3.8 m x 5.58 m(12.47 ft x 18.31 ft)
Br
2nd
3.26 m x 3.58 m(10.7 ft x 11.75 ft)
Kitchen
2nd
3.47 m x 2.63 m(11.38 ft x 8.63 ft)
Bathrooms
Pieces
Level
3
Ground
3
2nd
3
3rd
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