Multi-family For Sale
$1,550,000
MLS® Number: 40834250
Bedrooms
8
Bathrooms
4
Floor Area
6,316
Multi-family For Sale
$1,550,000
Bedrooms
8
Bathrooms
4
Floor Area
6,316
154-156 FREELTON Road, Freelton, Ontario
About This Property
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.
Property Details
Interior Details
Basement
Unfinished, Partial
Bathrooms Total
4
Bedrooms Total
8
Cooling
Central air conditioning, Wall unit
Heating
Forced air, Natural gas
Living Area
6316 sqft
Building & Exterior
Exterior Features
Concrete, Vinyl siding, Shingles
Foundation Details
Poured Concrete
Number Of Units Total
8
Parking Features
Attached Garage, Open
Stories
2.0
Land & Location
Community Features
Quiet Area, School Bus
Frontage Length
66.0 feet
Lot Features
Laundry- Coin operated
Postal Code
L8B0Z5
Subdivision Name
043 - Flamborough West
Listing & Financials
Listing Office
RE/MAX Escarpment Realty Inc.
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
9
Listed By
RE/MAX Escarpment Realty Inc.
Mortgage Calculator
Estimated Monthly Payment
$7,615
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$7,615
Principal and interest only. Actual rates may vary.
