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$3,499,000
Est. payment /mo
2 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $1,749,500
MLS Listing ID X12105719
Annual Tax Amount $35,742
Tax Year 2024
Property Sub-Type Investment
Property Description
This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence.
Location
Province ON
County Bruce
Area Bruce
Zoning RES
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 197.0
Lot Depth 395.0
Others
Security Features No
Virtual Tour https://www.youtube.com/watch?v=OjQv5Tm2gYE
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Listed by PRIME REAL ESTATE BROKERAGE