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$725,000
Est. payment /mo
8 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision West Grey
MLS Listing ID X12881772
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,136
Tax Year 2025
Property Sub-Type Fourplex
Property Description
4 plex in Durham, ON with incredible income potential. 10% cap rate based on projected rental rates. The largest unity was owner occupied and features a nicely updated kitchen, soaring ceilings and fireplace as focal point. This unit is 2 bedrooms, 2.5 baths, as well as a laundry room. Lower level apartment is a full walkout with 2 bedrooms, 1 bathroom, kitchen, dining, living and laundry. Main level front unit features 2 bedrooms, 1 bathroom, laundry, kitchen and living room. Second level apartment is 2 bedrooms, 1 bathroom, laundry, kitchen, dining and living room. All units are separately metered for hydro. Hot water and hot water heat throughout is fired by natural gas boiler (2012). Units are vacant, set your own rents. Lots of parking available, 2 driveways. There is an attached workshop and mechanical area 9'6x25'. Nice outdoor space including retaining walls, deck and patio areas. Good location in Durham within walking distance to parks and shopping.
Location
Province ON
County Grey County
Area Grey County
Rooms
Family Room No
Basement Separate Entrance, Full, Walk-Out, Finished
Kitchen 4
Interior
Interior Features Other
Cooling None
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Waterfront Description None
Roof Type Asphalt Shingle,Metal
Lot Frontage 102.73
Lot Depth 165.0
Total Parking Spaces 7
Building
Unit Features Hospital,Place Of Worship,School
Foundation Concrete, Stone
Others
ParcelsYN No
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Listed by Royal LePage RCR Realty
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