Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15,000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of $10,350. The fifth unit would get $2,250. High monthly cash flow from a residential property in this price range. Big lots in Southeast Oakville have appreciated well as they allow for the development of larger homes. As they become more scarce, that trend is likely to continue. Given these units are recently renovated, this is an excellent land-banking opportunity. 5 kitchens worth of appliances. 2 sets of laundry equipment. Split systems for heating/cooling. Window coverings and electric light fixtures. Walk to schools in Morrison.
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Detailed Information
Fronting On
S
Link
N
Special Designations
Unknown
Bedrooms
6
Bathrooms
6
Rooms
22+1
Kitchens
5
Lot
80.03 x 190.24 ft
Lot Irregularities
80.03' X 190.39' X 80.18' X 190.24'
Acreage
<.50
Exterior
Stucco/Plaster
Air Conditioning
Other
Family Room
N
Fireplace/Stove
N
Pool
None
Laundry Level
Lower
Basement
Part Bsmt
Drive
Pvt Double
Garage Spaces
0.0
Garage Type
None
Parking Spaces
6
Total Parking Spaces
6.0
Heat Source
Other
Heat Type
Heat Pump
Sewers
Sewers
Water
Municipal
Zoning
RL1-0
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main
2.74 m x 2.18 m(8.99 ft x 7.15 ft)
Living
Main
5.23 m x 3.61 m(17.16 ft x 11.84 ft)
Br
Main
3.63 m x 3.35 m(11.91 ft x 10.99 ft)
Kitchen
Main
2.74 m x 2.03 m(8.99 ft x 6.66 ft)
Dining
Main
4.32 m x 3.2 m(14.17 ft x 10.5 ft)
Living
Main
2.9 m x 2.77 m(9.51 ft x 9.09 ft)
Br
Main
3.43 m x 3.35 m(11.25 ft x 10.99 ft)
Kitchen
2nd
2.84 m x 2.03 m(9.32 ft x 6.66 ft)
Dining
2nd
2.92 m x 1.47 m(9.58 ft x 4.82 ft)
Living
2nd
5.16 m x 2.84 m(16.93 ft x 9.32 ft)
Br
2nd
3.53 m x 3.33 m(11.58 ft x 10.93 ft)
Kitchen
2nd
2.87 m x 2.03 m(9.42 ft x 6.66 ft)
Bathrooms
Pieces
Level
4
Main
4
2nd
2
Main
4
Main
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