91 DIVISION STREET, Cramahe (Colborne), Ontario K0K1S0

91 DIVISION STREET
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FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature. In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Dishwasher, Stove, Water Heater
BasementUnfinished, Partial
Bathrooms Partial1
Bathrooms Total5
Bedrooms Total8
CoolingNone
FlooringLaminate, Carpeted
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesVinyl siding
Foundation DetailsUnknown
Parking FeaturesNo Garage
Stories2.5

Land & Location

City RegionColborne
Frontage Length78.3 feet
Lot FeaturesIrregular lot size
Lot Size Dimensions78.3 x 198.2 FT

Listing & Financials

Listing OfficeREAL BROKER ONTARIO LTD.
Originating System NameCentral Lakes Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total4

For Sale

$875,000

91 DIVISION STREET, Cramahe (Colborne), Ontario K0K1S0

Beds

8

Baths

5

Living Area

-

Lot Size

-

Property Type

House

Year Built

-

Listing IDX12703506

Location & Map

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