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.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
Bungalow-Raised
Approx. Age:
31-50
Total Approx Floor Area:
1500-2000
Depth:
150'45.7 m
Frontage:
60'18.3 m
Direction Faces:
North
Bedrooms:
8
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
8
Kitchens Above Grade:
4
Rooms Above Grade:
16
Ensuite Laundry:
No
Fractional Ownership:
No
Assignment:
No
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
30 days TBA
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$4,385.01 /
2024
Assessment:
$- /
-
Shelburne
Shelburne
Dufferin
School, Place Of Worship
Separate Hydro Meter
Four refrigerators, four stoves, four sets of washer/dryer, 4 hot water heaters
Brick
No
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Wall Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Date Listed:
Apr 04, 2025
Original Price:
$1,724,900
Listed by ROYAL LEPAGE RCR REALTY
Data was last updated May 10, 2025 at 03:15 PM (UTC)
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150'
