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Home ON Hastings Marmora and Lake
11 PRIVATE ROAD
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11 PRIVATE ROAD $1,250,000
$1,250,000
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11 PRIVATE ROAD
Marmora and Lake (Marmora Ward), Ontario K0K2M0

MLS® Number: X12017977

Listing Description

Prime Investment Opportunity Fully Occupied 8-Plex! Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. (40039613)

Location Description

Deloro St & Private Rd

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Marmora Ward
Annual Property Taxes
$6,650.17
Time on REALTOR.ca
46 days

Building

Interior Features
Appliances Included
Stove, Refrigerator
Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Hot water radiator heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
7554 sqft
Exterior Building Size
7554 sqft

Land

Other Property Information
Zoning Description
CF
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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