Primary photo of 504 ANDREW STREET, Shelburne
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Fourplex For Sale

$1,699,999

MLS® Number: X13112900

Bedrooms

8

Bathrooms

4

504 ANDREW STREET, Shelburne, Ontario

About This Property

Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater

Basement

Finished, Full

Bathrooms Total

4

Bedrooms Total

8

Cooling

Wall unit

Heating

Baseboard heaters, Electric

Building & Exterior

Architectural Style

Raised bungalow

Building Features

Separate Electricity Meters

Exterior Features

Brick

Foundation Details

Concrete

Parking Features

No Garage

Stories

1.0

Land & Location

City Region

Shelburne

Frontage Length

60.0 feet

Lot Size Dimensions

60 x 150 FT

Postal Code

L9V2Z1

Utilities & Services

Utilities

Sewer, Electricity, Cable

Listing & Financials

Listing Office

ROYAL LEPAGE RCR REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

7

Mortgage Calculator

20% ($340,000)
5.5%
25 Years

Estimated Monthly Payment

$8,352

Principal and interest only. Actual rates may vary.

Location & Map

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