$1,625,000For Sale

6.1% Cap including Maintenance, Super & Vacancy, Excellent brick 6 unit apartment building (5 x 2 Bd, 1 x 1 Bd) in the sought-after Lakeview neighborhood with phenomenal Curb appeal. 1-2 Bedroom unit presently vacant. Close to all amenities, walking distance to 6 different parks, 5 Schools and public transit. All units have large principal rooms and vinyl/hardwood floors throughout. Many units have been updated in the last 4 years. Front and rear entrances for each unit (except unit 6), separate hydro meters, separate Electric hot water tanks with Tenants paying hydro. Shared laundry in the lower level & Ample onsite parking present opportunities for additional future income. Boiler replaced - 2021, Fire retrofit - 2021, Roof ~12 yrs old, Plumbing upgraded - 2021.

Directions: Wentworth / Simcoe

Cross Street: Wentworth / Simcoe