$1,399,000
FOR SALE

Fourplex

Bedrooms: 6Bathrooms: 4Lot: 103 x 0 ft

2236 Line 34
Shakespeare, ON N0K 1J0

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:47421)
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Listed By The Realty Firm Inc Brokerage
Data Provided By Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
MLS® Listing Number 40632739
Last Updated Sep 12, 2024
Property Summary
Property Type Fourplex

More like this:
Subdivision 47 - Shakespeare
Price History

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Detailed Information
Bedrooms 6
Bathrooms 4
Lot 103 x 0 ft
Amenities Nearby Golf Nearby, Park, Place of Worship, Playground, Schools, Shopping
Community Features Community Centre
Listing Contract Date 2024-08-19
Location Description Line 34 Between James Street and Galt Street
Ownership Type Freehold
# of Parking Spaces 10
Property Type Multi-family
Transaction Type For sale
Zoning Description C-1
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 2022
Cooling Type Central air conditioning
Exterior Finish Stone, Stucco
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 3
Type Fourplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Road access, Highway access
Amenities Golf Nearby, Park, Place of Worship, Playground, Schools, Shopping
Sewer Municipal sewage system

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