Investor's Dream! Don't miss out on this incredible opportunity to add a Legal 9-Plex in Georgina to your portfolio. This property features 5 spacious 1 Bedroom + 1 Bath units and 4 cozy 2 Bedroom + 1 Bath units, all boasting laminate flooring and individual storage units. Currently, 8 units are rented out. Tenants pay for their own hydro with separate meters for each unit, ensuring convenience and efficiency. The property offers 2 access points to a 10-space parking lot, making parking a breeze for residents. With a history of generating great long-term income, this investment is a solid choice. Situated close to all amenities and with easy access to commuter routes leading south to Newmarket and the GTA, as well as north to Cottage Country, this sought-after location in York Region, is perfect for savvy investors looking to capitalize on a developing area. Don't let this opportunity slip away! |
Extras: Coin operated onsite laundry, Each Unit Has its own Storage Locker in the basement |
Price | $1,780,000 |
Taxes: | $9972.36 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 91 High St , Georgina, L0E 1R0, Ontario |
Postal Code: | L0E 1R0 |
Province/State: | Ontario |
Legal Description: | PT LT 8 BLK 6 PL 69 SUTTON; PT LT 9 BLK |
Lot Size: | 66.00 x 159.06 (Feet) |
Directions/Cross Streets: | Hwy 48 / High St |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 10497.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 100 |
Office/Appartment Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Approximatly Age: | 51-99 |
Franchise: | N |
Insurance Expense: | $4654 |
Hydro Expense: | $2782 |
Water Expense: | $6798 |
Gross Income/Sales: | $91852 |
Operating Expenses: | $37244 |
Net Income Before Debt: | $129096 |
Expenses Actual/Estimated: | $Act |
Outside Storage: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ALL-STARS REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | York |
Municipality: | Georgina |
Neighbourhood: | Sutton & Jackson's Point |
Lot Size: | 66.00 x 159.06(Feet) |
Approximate Age: | 51-99 |
Tax: | $9,972.36 |
Maintenance Fee: | $13,038.66 |