Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
Bungalow-Raised
Approx. Age:
31-50
Total Approx Floor Area:
1500-2000
Lot Depth:
150'45.7 m
Lot Frontage:
60'18.3 m
Direction Faces:
North
Bedrooms:
8
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
8
Kitchens Above Grade:
4
Rooms Above Grade:
16
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
30 day TBA
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$4,585 /
2025
Assessment:
$- /
-
Dufferin
Shelburne
Shelburne
School, Place Of Worship
Separate Hydro Meter
4 refrigerators, 4 stoves, 4 sets of washer/dryer, 4 hot water heaters
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.