2236 Line 34 Shakespeare, Ontario N0K 1J0
$1,399,000
Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (id:53282)
Property Details
| MLS® Number | 40632739 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Playground, Schools, Shopping |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2022 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stone, Stucco |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 5159 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 103 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C-1 |
https://www.realtor.ca/real-estate/27305814/2236-line-34-shakespeare
Interested?
Contact us for more information
Kyle Ward
Broker
35 Wellington St. N. Unit 202
Woodstock, Ontario N4S 6P4
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October 16 2024 03:34:09
The Realty Firm Inc Brokerage