11310 Guelph Line
Milton, L0P1B0
For Sale
$1,100,000
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Apartment
CATEGORY4,779 Sq Ft
TOTAL AREAW8462444
MLSIDContact Us
Property Description
Attention investors! 5 Plex on 0.955 Acres of land (almost 1 acre). Located next to small gas station with convenience store. 4 residential units fully leased plus 1 Commercial unit at front, 1166 sq ft . 2 bedroom apartment $900/m (superintendent/tenant). 2 bedroom apartment $800/m. 1 bedroom apartment $825/m. 1 bedroom apartment $780/m. 1 commercial unit $1200/m. Oct1st., Total rent to be $4425/month. Tenants pay own Heat and Hydro., and HWT in each unit.Approx., 4.8% Cap Rate at $1.1M List Price.***Many possibilities with this investment property. Rezoning to residential development is possible. Potential to be a drive through restaurant or coffee shop. Property has some wetland conservation at the back near the lot line. Great location across the road from school, near Brooklin Park and major roadways.Do Not Walk The Property without an appointment.
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Extras
Possible Seller take back 1st Mortgage up to 75% at current rates.***
Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
C-4
Total Area
4,779 Sq Ft
Retail Area
1,166 Sq Ft
Lot Size
106' x 306'
Taxes
$4,262 (2023)
Call
Listing contracted with Exp Realty
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