$775,000
FOR SALE

Investment

Lot: 90 x 198 ft
2023 Taxes: $3,469

54 LABROSSE St
North Stormont, ON K0C 1W0 | 710 - Moose Creek | Stormont, Dundas and Glengarry

80% Occupancy with 4 out of 5 Units Tenanted. The property is comprised of 5 rental units (main floor) and a separate partially finished lower level. 4 Residential Units, 1 Commercial Unit. Mixed Use Building. Unit 1 ($1550/mo) Unit 2 ($1550/mo), Unit 3 ($1537.50/mo), Unit 4 VACANT, Unit 5 (COMM) ($1,200/mo). More Potential Income Possibility (Parking and Storage). COMM Net Lease (Unit 5) - tenant pays electricity, insurance, internet, and phone. RES Tenants pay: electricity, internet, phone, and tenant insurance. Landlord pays for water, propane and building insurance.
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9517794
Last Updated Dec 21, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 601180156
Legal Description LT 3 PL 66; NORTH STORMONT
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $3,469
Directions/Cross Streets South of 417 on Hwy # 138 to McLean Rd, right onto McLean Rd which then turns into Labrosse Street, follow to # 54.
Neighbourhood 710 - Moose Creek
Area Stormont, Dundas and Glengarry
Price History

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Detailed Information
Lot 90 x 198 ft
Lot Irregularities 1
Parking Spaces 18
Heat Type Baseboard
Gross Income/Sales $104,400
Net Income Before Debt $83,476
Water Expense $5,676
Insurance Expense $5,561
Operating Expenses $21,989
Sewers Sewers
Water Municipal
Zoning C
Seller Property Info Statement N

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