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432620

MLS® X12111135

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Attached
Taxes $29,449
Lot Size 
Approx. Age 
MLS® Number X12111135

Property Address: 29 Laren St, Wahnapitae, ON, P0M3C0

Average square foot calculated using Size range provided by listing agent.

Description

This is not your average income property. Set on a quiet dead-end street in a serene, residential pocket just 10-15min from New Sudbury. This rare and versatile investment sits on 1.2 acres and offers 18 total units, made up of eight two-storey townhomes &a 9-unit apartment building with a large five-bedroom, two-storey home attached. Each of the eight townhomes features three bedrooms, one-and-a-half bathrooms, a full basement, and a private backyard. With no shared common areas and separate entrances, they feel just like single-family homes. Even better, all townhomes are separately metered, and tenants pay their own heat, hydro, and water-keeping your operating expenses low and predictable. Each unit is heated by its own forced-air natural gas furnace and has its own water heater. The nine-unit apartment building offers a solid, stable tenant mix and includes access to coin-operated laundry, secure storage lockers, and is heated by newer, high-efficiency Viessmann gas boilers. Attached to the apartment block is a spacious 5-bedroom home perfect for an owner-occupier or as a premium rental. It features its own laundry room, vaulted ceilings, a den, a four-piece and a two-piece bathroom, an attached garage, and a massive detached 24' x 50' triple-car garage. This is a truly unique opportunity to own a turn-key income-generating property with tremendous value. Don't miss your chance to invest in something special with exceptional unmatched long term upside and retention. Current rents leave remarkable potential for future growth. **INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**Show Description
MLS® NumberX12111135
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageAttached
Approx. Age
BasementOther
DrivewayGarage Type:Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
29 Laren St, Wahnapitae, ON

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