36 Victoria Street, Asphodel-Norwood, Ontario K0L 2V0

Listed for:
$1,299,000
0 beds
0 baths
Listed 31 days ago
Multi-Family for rent: 36 Victoria Street, Asphodel-Norwood, Ontario K0L 2V0

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Learn more about this property
Listing provided by:
CENTURY 21 INNOVATIVE REALTY INC.
MLS® number:
X11993786
Agent:
Naveeda Rana
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About

Victoria street ,Elm Street & Trans-Canada HWY This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer's agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment. (id:27476)

Property Highlights

MLS® Number
X11993786
Type
Multi-family
Community Name
Norwood
Land Size
77.14 FT

Building

Building Type
Multi-Family
Square Footage
0.75 ac
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location