Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner. (id:61852)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12179714 |
Property Type | Multi-family |
Community Name | Macaulay |
HeatingFuel | Electric |
HeatingType | Hot Water Radiator Heat |
SizeInterior | 2 Ac |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | Yes |
SizeIrregular | 2.023 |
SizeTotal | 2.023 Ac |
SizeTotalText | 2.023 Ac |
ZoningDescription | R4, Ep1 |
https://www.realtor.ca/real-estate/28380532/25-alexandra-street-bracebridge-macaulay-macaulay
Contact us for more information
Bruce Brown
Salesperson
Carole Perron
Salesperson