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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,989,000
Available - For Sale
Listing ID: X12501830
FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $130,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential.
Price $1,989,000
Taxes: $10,544.52
Occupancy by: Tenant
Address: 894 ADELAIDE Street North , London East, N5Y 2M5, Middlesex
Acreage: .50-1.99
Directions/Cross Streets: Grosvenor and Cheapside
Rooms: 23
Rooms +: 0
Bedrooms: 8
Bedrooms +: 3
Washrooms: 6
Family Room: F
Basement: Full
Finished
No. of Pieces Level
Washroom 1:  3 Lower
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Lower
Washroom 7:  3 Second
Washroom 8:  3 Third
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Concrete
Garage Type: None
(Parking/)Drive: Private, O
Drive Parking Spaces: 8
Park #1
Parking Type: Private, O
Park #2
Parking Type: Private
Park #3
Parking Type: Other
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
Property Features: Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - SELECT REALTY

894 ADELAIDE Street North , London East, N5Y 2M5, Middlesex

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Multiplex
Area: Middlesex
Municipality: London East
Neighbourhood: East C
Style: 3-Storey
Lot Size: x 282.32(Feet)
Approximate Age: 51-99
Tax: $10,544.52
Maintenance Fee: $0
Beds: 8+3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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