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$ 2,650,000
Est. payment | /mo
21 Beds
21 Baths
5,000 SqFt
$ 2,650,000
Est. payment | /mo
21 Beds
21 Baths
5,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $530
Subdivision Lindsay
MLS® Listing ID X12216806
Bedrooms 21
Source Toronto Regional Real Estate Board
Property Description
Welcome To Your New Investment Opportunity! We Have Three Buildings Spread Over 3 Lots In A Great Location In Lindsay. Turn Key 21 Units Combined For Great Cash Flow, Representing A True 6 Cap Rate. Included In The Sale Is 26 Victoria Ave S (Pin:632270142) 6 Units, 30 Victoria Ave S 5 Units (Pin: 632270143) And 55 Glenelg St W 10 Units (Pin:632270158). Each Property Is Registered Separately But Prefers To Be Sold Combined. This Offers A Great Opportunity For A Diligent Investor. Hold The Properties For Some Great Cash Flow And Future Growth! The 0.823 Acres Combined Have Great Redevelopment Potential As Well. The Zoning Allows For Multiple Uses Ranging From Townhomes, Apartment Buildings To Senior Centers. The Zoning Also Allows For Up To 4 Storeys. The Possibilities Are Endless With This Investment Opportunity. This Area Has Seen Explosive Growth Over The Past 10 Years With New Multi Storey Apartment And Condo Buildings Being Built. Whether You Are A Developer Looking For Your Next Project Or An Investor Looking For Cash Flow, This Is The Property You've Been Looking For. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by DAN PLOWMAN TEAM REALTY INC.
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Nest Real Estate Group
Real Estate Team | License ID: 139039