Bob Bahreinian ABR, SRES, Sales Representative
Royal LePage Connect Realty, Brokerage Independently owned and operated
24/7 - Office: 416-281-2200

Madoc

$299,000
For Sale
MLS© ID: X4015530
5 Bath(s)

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Attention Real Estate Investors. Great Cap Rate With This 2 Story Building Downtown Madoc. Multi-Use Building With Store On Main Floor And 4 Two Bedroom Apartments On Second. Apartments Are Rented For $800, $812, $812, $900/Month Respectively. Tenets Pay Own Electricity. Store Can Be Rented For $1000 Or $1500 Per Month For Higher Cap Rate (Store Currently Vacant).

Extras: Excellent Location And Exposure. Most Windows Recently Replaced. 4 Hot Water Tanks Owned, New Boiler. Sqft Is Approximate And May Differ Slightly. 34, 36, 38 St Lawrence St West Inclusive, Buyer And Buyer's Agent To Verify All Information.

Property Features

  • Directions/Cross Streets: St. Lawrence & Hwy 62
  • Lot Size Code: Feet
  • Taxes: 3854.90
  • Tax Year: 2017
  • Property #: X4015530
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: Madoc
  • Area Influences1: Major Highway
  • Legal Description: Plan 105 Pt Lot 11 Lot 12 Rp 21R3857 Part 1
  • Lot Depth: 83.00
  • Lot Front: 52.52
  • Type: Investment
  • Category: Retail
  • Freestanding: N
  • Lot/Bldg/Unit Code: Building
  • Office/Apt Area: 4000
  • Office/Apt Area Code: Sq Ft
  • Retail Area: 4000
  • Retail Area Code: Sq Ft
  • Sprinklers: N
  • Total Area: 8000.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: A
  • Air Conditioning: N
  • Heat Type: Gas Hot Water
  • Water: Municipal
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