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$849,000
Available - For Sale
Listing ID: X13637276
LEGAL TRIPLEX. 6.8% Cap Rate. This iconic building located in the growing municipality of Shelburne has been completed renovated top to bottom, creating a 3 bedroom unit, a 2 bedroom unit and a 1 bedroom basement walkout unit. Opportunity for Owner Occupied as the main floor 3 Bedroom unit has recently become vacant. The upper 2 Bedroom and basement 1 bedroom are currently occupied with good tenants who would like to stay - income from those two units is $3400 per month. With 15% down payment the mortgage payment is $3430 (30 year amortization @3.7%) Great opportunity for first time home buyer to get into the market. Gross rent is $5600 fully tenanted. All units have their own laundry facilities, separate hydro meters and separate water meters. Luxury vinyl plank flooring throught all units. One parking space for each tenant. Located close Shelburne's Downtown - also walking distance to schools and recreation facilities. Please note: Main floor unit is vacant and can be viewed. Upper and Basement units are finished in a similar manner as per the photos. Showing of the tenanted spaces upon accepted offer. Floor plans and Zoning Approval are in the photos.
Price $849,000
Taxes: $4,772
Tax Type: Annual
Occupancy by: Partial
Address: 221 Owen Sound Street , Shelburne, L9V 3L2, Dufferin
Postal Code: L9V 3L2
Province/State: Dufferin
Legal Description: Part Lot 6 Blk 6 PL 5A DES PT 1 Plan R66
Directions/Cross Streets: Owen Sound/2nd Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,790
Total Area Code:  Square Feet
Approximatly Age: 100+
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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RE/MAX REAL ESTATE CENTRE INC.

221 Owen Sound Street , Shelburne, L9V 3L2, Dufferin

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Dufferin
Municipality: Shelburne
Neighbourhood: Shelburne
Style:
Lot Size: x 79.00(Feet)
Approximate Age: 100+
Tax: $4,772
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949