Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15, 000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of $10, 350. The fifth unit would get $2, 250. High monthly cash flow from a residential property in this price range. Big lots in Southeast Oakville have appreciated well as they allow for the development of larger homes. As they become more scarce, that trend is likely to continue. Given these units are recently renovated, this is an excellent land-banking opportunity. 5 kitchens worth of appliances. 2 sets of laundry equipment. Split systems for heating/cooling. Window coverings and electric light fixtures. Walk to schools in Morrison. (id:55532)
- Property Type Single Family Home
- Neighborhood N/A
- County N/A
- Property Tax N/A
- HOA/Condo/Coop Fees N/A
- Days on Site 57 Days
- MLS® Status Active
- MLS® ID Number 40556003
- SqFt Source N/A
- Year Built N/A
- Price Per SqFt $903
- Lot Size N/A
- Full Baths 5
- Partial Baths 1
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen online |
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General Features
- Style 2 Level
- Parking Spaces 6
- Sewer Public Sewer
- Basement Partial ( Unfinished)
- Number of Stories 2
- Water Public
- Zoning RL1-0
- Property Sub Type Single Family Residence
Interior Features
- Cooling Ductless
- Heating Heat Pump
- Fireplace No
Community Features
- Community Features ParkSchools
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Monthly Payment (Est.)
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