Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria with the best rates and amortizations currently available. Individual electrical meters tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Buildings back windows (2020), Buildings front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and lets book a showing. |
Price | $1,900,000 |
Taxes: | $15906.00 |
Tax Type: | Annual |
Assessment: | $884000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 15 Killdeer Rd , Woolwich, N3B 1X2, Ontario |
Postal Code: | N3B 1X2 |
Province/State: | Ontario |
Legal Description: | LT 154 RCP 1364 WOOLWICH; WOOLWICH |
Lot Size: | 132.18 x 140.20 (Feet) |
Directions/Cross Streets: | Killdeer And First Street West |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 9600.00 |
Total Area Code: | Sq Ft |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE WOLLE REALTY |
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Type: | Com - Investment |
Area: | Waterloo |
Municipality: | Woolwich |
Lot Size: | 132.18 x 140.20(Feet) |
Tax: | $15,906 |