$ 1,499,000
-
$1,499,000
Price -
0
Bed - Bath
-
8,731
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 160000 -
Phenomenal 7% Cap Rate, Turnkey 10-unit apartment building presents a rare investment opportunity in a prime location, surrounded by ongoing development and poised for future growth. The property features a diverse unit mix, including 4 one-bedroom, 1 two-bedroom, 3 three-bedroom, and 2 four-bedroom units. Over $235,000 has been invested in extensive capital improvements, including a New Roof & Windows, renovations to 4 units with new plumbing, kitchens, bathrooms, flooring, appliances, and finishes, upgrades to the common areas and outdoor stairwells, installation of new high-efficiency laundry facilities, and stucco restoration and exterior refinishing. Hydro is separately metered, with some tenants paying their own and others having it included in rent. Offering solid cash flow from day one with a strong rental upside, located in a rapidly developing area with excellent long-term growth potential.
Listing Highlights for 65 Glenelg St W
Status
Active
Days on Site
113
Property Type
Commercial Sale
MLS ®
X12158767
Year Built
Total Square Footage
8,731
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $22,715
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
65 Glenelg St W Kawartha Lakes, ON K9V 2V5
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
