11310 Guelph Line

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.

Possible Seller take back 1st Mortgage up to 75% at current rates.***