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

Marmora and Lake

$549,000
For Sale
MLS© ID: X4015531
6 Bath(s)

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Attention Real Estate Investors. High Cap Rate With This 2 Story Building Downtown Marmora Multi-Use With A Store & A Laundromat On Main Floor And 6 Two Bedroom Apartments. Apartments Are Rented For $850, $850, $915, $950, $995 And $1100/Month Respectively. Store Can Be Rented For $1000 Per Month For Higher Cap Rate. Laundromat Run By Seller, Machines Included (Washers And Dryers)

Extras: Excellent Location And Exposure. Most Windows Recently Replaced. New Hot Water Tank, 2 New Furnaces. Sqft Is Approximate And May Differ Slightly. 1 & 3 Mcgill Street Inclusive, Buyer And Buyer's Agent To Verify All Information.

Property Features

  • Directions/Cross Streets: North Of Hwy 7/ Forsyth
  • Lot Size Code: Feet
  • Taxes: 4800.00
  • Tax Year: 2017
  • Property #: X4015531
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: Marmora and Lake
  • Area Influences1: Major Highway
  • Legal Description: Plan 129 Pt Lot 1 Rp 21R13759 Part 1 And ***
  • Type: Investment
  • Parking Spaces Total: 6
  • Category: Accommodation
  • Freestanding: Y
  • Lot/Bldg/Unit Code: Lot
  • Office/Apt Area: 50
  • Office/Apt Area Code: %
  • Retail Area: 50
  • Retail Area Code: %
  • Sprinklers: N
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: A
  • Air Conditioning: N
  • Heat Type: Other
  • Sewers: Sanitary
  • Water: Municipal
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