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Shakespeare,ON N0K 1J0
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,869 sqft
Price per Sqft $361
MLS Listing ID 40632739
Bedrooms 6
Abv Grd Liv Area 5,159
Originating Board Woodstock-Ingersoll Tillsonburg
Year Built 2022
Annual Tax Amount $4,819
Property Description
Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice.
Location
Province ON
County Perth
Area Perth East
Zoning C-1
Direction Line 34 Between James Street and Galt Street
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Built-In Appliances,Separate Heating Controls,Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Exterior Feature Separate Hydro Meters
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 103.35
Garage No
Building
Lot Description City Lot,Near Golf Course,Highway Access,Open Spaces,Park,Place of Worship,Playground Nearby,Rec./Community Centre,Schools,Shopping Nearby
Faces Line 34 Between James Street and Galt Street
Story 3
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Stone,Stucco
New Construction No
Others
Senior Community false
Tax ID 530830091
Ownership Freehold/None