Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity, this 4plex has been a multiplex for decades. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three recently renovated units and one 2-bedroom unit in very good shape, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Interior Pictures are of Unit 1, 3 and 4. Financials are available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments.
Extras
Building Roof 2024, Garage Roof 2019. Two New (2024) Hot Water Tanks Owned
PT LT 9, BLK 63 PL 83 AS IN D384680 TOWNSHIP OF UXBRIDGE
Parcel of Tied Land
N
Possession Date
January, 2025
Taxes (2024)
$4,944
Directions/Cross Streets
Main St S & Brock St W
Neighbourhood
Uxbridge
Area
Durham
Price History
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Detailed Information
Fronting On
E
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Special Designations
Unknown
Bedrooms
4+3
Bathrooms
4
Rooms
8+6
Kitchens
2+2
Lot
54.56 x 110.43 ft
Exterior
Vinyl Siding
Air Conditioning
None
Central Vac
N
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Apartment, Fin W/O
Drive
Private
Garage Spaces
1.0
Garage Type
Detached
Parking Spaces
7
Total Parking Spaces
8.0
Heat Source
Electric
Heat Type
Baseboard
Sewers
Sewers
Water
Municipal
Zoning
R2
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Living
Main
5.27 m x 4.47 m(17.29 ft x 14.67 ft)
Hardwood Floor
Kitchen
Main
3.38 m x 3.35 m(11.09 ft x 10.99 ft)
Ceramic Floor
Prim Bdrm
Main
3.46 m x 2.77 m(11.35 ft x 9.09 ft)
Hardwood Floor
2nd Br
Main
3.3 m x 2.7 m(10.83 ft x 8.86 ft)
Hardwood Floor
Living
Main
4.39 m x 3.17 m(14.4 ft x 10.4 ft)
Vinyl Floor
Kitchen
Main
4.28 m x 3.1 m(14.04 ft x 10.17 ft)
Vinyl Floor
3rd Br
Main
3.3 m x 2.78 m(10.83 ft x 9.12 ft)
Vinyl Floor
4th Br
Main
3.47 m x 2.65 m(11.38 ft x 8.69 ft)
Vinyl Floor
Living
Lower
4.24 m x 3.78 m(13.91 ft x 12.4 ft)
Laminate
Kitchen
Lower
3.85 m x 3.13 m(12.63 ft x 10.27 ft)
Ceramic Floor
5th Br
Lower
3.69 m x 3.05 m(12.11 ft x 10.01 ft)
Vinyl Floor
Br
Lower
2.85 m x 2.71 m(9.35 ft x 8.89 ft)
Laminate
Bathrooms
Pieces
Level
4
Main
4
Main
4
Lower
4
Lower
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