$3,450,000

Investment For Sale In Newmarket, Ontario

$3,450,000

Property Information:

Rare offering for investors, those looking to retire with an income and large families. This seven year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Location, Mature Treed & Quiet Streets. The building is vacant allowing for the new owner to capture the high market rental rates, Families to co-exist in all or part of the Building or Ideal for those retiring and realizing income. The large property has generous parking for 12 cars, a designated BBQ area with a picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is full, finished with 2 residential units boasting above ground picture windows, and a central laundry room. All floors have front and rear door entry. Three of the units have stair chair lift ability on the unit rear access. Each unit has its own furnace & central air conditioning unit, its own thermostat, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events and Concerts. Minutes to walk to enjoy the many Restaurants, Patios and Bars, Shops and so much more. Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. etc. Must be seen..... **** EXTRAS **** 6 Fridges, 6 stoves, 6 hot water heaters, 6 dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Window Coverings

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation
  • Irregular: Yes
  • Lot Depth: 123.8 Feet
  • Lot Frontage: 78.1 Feet
  • Lot Size: 78.16 x 123.75 FT
  • Zoning: R5-S
  • No. of Parking Spaces: 12

Courtesy of: Royal LePage Your Community Realty

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