First time publicly listed in almost 50 years. Eight (8) residential rental units on 31 acres of land just 10 minutes from Hwy. 401 off of Sydenham Road. Four (4) buildings, each with two 2-bedroom semi-detached units. Electric heat (paid by tenants). One unit has 3 bedrooms and a semi-finished basement with an updated oil tank (TSSA approved). Water is provided by 3 wells (each with separate treatment systems) and 4 septic systems (wells and septic systems fully tested/inspected in the last year). Newer breaker panels, hot water tanks, heaters, lights, switches/plugs, water treatment in three of the units, and numerous other improvements. One unit is fully renovated. Cash positive with 20% down (contact listing agent for financials). Possible VTB for downpayment. Significant lift opportunity with turnover and further improvements. Great investment opportunity or owner occupied with income/family compound. Walking distance to Loughborough Drive and a short drive to Kingston. (id:2493)
Property Type:
Multi-family
Living Area (Min):
5,000 sq. ft.465 m2
Living Area (Max):
2.3 acre(s)0.93 hectare(s)
Zoning:
R1, A1 Multi-residential
Taxes:
$8,994.58 /
-
Community:
44 - City North of 401
Features:
Separate Electricity Meters
Exterior Features:
Wood, Vinyl siding
Security Features:
Smoke Detectors
Structure Type:
Other
Utilities:
Electricity
Appliances Included:
Water purifier, Water softener, Water Treatment, Two stoves, Water Heater, Two Refrigerators
Home Style:
Bungalow
Bedrooms:
17
Bedrooms Above Grade:
17
Bathrooms:
8.0
Fireplace:
No
Foundation:
Block
Heating:
Baseboard heaters, Electric
# Storeys:
1.0
Water:
Drilled Well
Sewer:
Septic System
Basement:
Unfinished, N/A
Lot Frontage:
237'11"72.5 m
Lot Details:
237.8 FT ; Property is 177 ft wider in South half.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.