61 Main Street S Uxbridge, Ontario L9P 1J4
$1,150,000
Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three renovated units and one 1-bedroom unit, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Financials available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments. **** EXTRAS **** Building Roof 2024, Garage Roof 2019. SQ.FT above grade according to MPAC 1,435 and lower level is the same size giving it a total Sq.Ft of 2870. Two New (2024) Hot Water Tanks Owned (id:50886)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | N9395354 |
| Property Type | Multi-family |
| Community Name | Uxbridge |
| AmenitiesNearBy | Public Transit |
| Features | Conservation/green Belt |
| ParkingSpaceTotal | 8 |
Building
| Appliances | Refrigerator, Stove |
| HeatingType | Baseboard Heaters |
| SizeInterior | 2870 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 110 Ft ,5 In |
| SizeFrontage | 54 Ft ,6 In |
| SizeIrregular | 54.56 X 110.43 Ft |
| SizeTotalText | 54.56 X 110.43 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27538850/61-main-street-s-uxbridge-uxbridge
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Greg Brown
Salesperson
300 Clements Road West
Ajax, Ontario L1S 3C6
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December 11 2024 10:33:34
Toronto Real Estate Board
Sutton Group-Heritage Realty Inc.