An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information. (id:4069)
Address
504 ANDREW STREET
List Price
$1,724,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
Shelburne
Bedrooms
8
Bathrooms
4
Floor Area
1,500 Sq. Ft.
Lot Size
60 x 150 FT Sq. Ft.
MLS® Number
X12061421
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Basement Area
Full (Finished)
Postal Code
L9V2Z1
Site Influences
Schools, Place of Worship
Amenities
Separate Electricity Meters
