$1,150,000 FOR SALE

Fourplex Bungalow-Raised

Bedrooms: 4+3Bathrooms: 4Lot: 54.56 x 110.43 ft
2024 Taxes: $4,944

61 Main St S
Uxbridge, ON L9P 1J4 | Durham

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

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Listed By SUTTON GROUP-HERITAGE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N9395347
Last Updated Jan 10, 2025
Property Summary
Property Type Fourplex

More like this:
PIN 268430156
Legal Description 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
LivingMain5.27 m x 4.47 m (17.29 ft x 14.67 ft)Hardwood Floor
KitchenMain3.38 m x 3.35 m (11.09 ft x 10.99 ft)Ceramic Floor
Prim BdrmMain3.46 m x 2.77 m (11.35 ft x 9.09 ft)Hardwood Floor
2nd BrMain3.3 m x 2.7 m (10.83 ft x 8.86 ft)Hardwood Floor
LivingMain4.39 m x 3.17 m (14.4 ft x 10.4 ft)Vinyl Floor
KitchenMain4.28 m x 3.1 m (14.04 ft x 10.17 ft)Vinyl Floor
3rd BrMain3.3 m x 2.78 m (10.83 ft x 9.12 ft)Vinyl Floor
4th BrMain3.47 m x 2.65 m (11.38 ft x 8.69 ft)Vinyl Floor
LivingLower4.24 m x 3.78 m (13.91 ft x 12.4 ft)Laminate
KitchenLower3.85 m x 3.13 m (12.63 ft x 10.27 ft)Ceramic Floor
5th BrLower3.69 m x 3.05 m (12.11 ft x 10.01 ft)Vinyl Floor
BrLower2.85 m x 2.71 m (9.35 ft x 8.89 ft)Laminate
Bathrooms
Pieces Level
4Main
4Main
4Lower
4Lower

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