154-156 Freelton Road,Freelton, ON L8B0Z5
Freelton, ON L8B0Z5
Description
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. Don't be TOO LATE*! *REG TM. RSA. (id:13843)
Details
| MLS # | 40834250 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 158 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Drew Woolcott |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 6,316 |
| Garage | 9 |
| Basement | Y |
| Story(s) | 2 |
| Units | 8 |
| Zoning | S2 |
Interior
| Cooling | Central air conditioning, Wall unit |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Laundry- Coin operated |
|---|---|
| Construction Materials | Concrete block, Concrete Walls |
| Foundation Details | Poured Concrete |
Parking
| Parking Features | Attached Garage, Open |
|---|---|
| Parking Total | 9 |
Utilities
| Sewer | Septic System |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5253 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Freelton |
| Postal Code | L8B0Z5 |
| Community Name | 043 Flamborough West |
| Listing VS Median (in 043 Flamborough West) | |
Price: $1,550,000 low | high Med: $969,000 sqft: 6,316 low | high Med: 1,439 $ / sqft: $245 low | high Med: $673 On site: 158 low | high Med: 38 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Freelton |
| Postal Code | L8B0Z5 |
| Community Name | 043 Flamborough West |
| Listing VS Median (in 043 Flamborough West) | |
Price: $1,550,000 low | high Med: $969,000 sqft: 6,316 low | high Med: 1,439 $ / sqft: $245 low | high Med: $673 On site: 158 low | high Med: 38 | |
