$1,900,000 | Available For Sale

$1,900,000

Available - For Sale

Listing ID: X8308068

Woolwich, Ontario

Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria with the best rates and amortizations currently available. Individual electrical meters tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Buildings back windows (2020), Buildings front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and lets book a showing.

Price	$1,900,000
Taxes:	$15906.00
Tax Type:	Annual
Assessment:	$884000
Assessment Year:	2024
Occupancy by:	Tenant
Province/State:	Ontario
Legal Description:	LT 154 RCP 1364 WOOLWICH; WOOLWICH
Lot Size:	132.18 x 140.20 (Feet)
Directions/Cross Streets:	Killdeer And First Street West

Category:	Apartment
Use:	Apts-6 To 12 Units
Building Percentage:	Y
Total Area:	9600.00
Total Area Code:	Sq Ft

Heat Type:	Baseboard
Central Air Conditioning:	N
Sewers:	San+Storm
Water:	Municipal

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

ROYAL LEPAGE WOLLE REALTY

Listing -1 of 0

RAJ SHARMA

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Type:	Com - Investment
Area:	Waterloo
Municipality:	Woolwich
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Style:
Lot Size:	132.18 x 140.20(Feet)
Approximate Age:
Tax:	$15,906
Maintenance Fee:	$0
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