Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15,000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of...
Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15,000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of $10,450. The fifth unit would get $2,250. High monthly cash flow from a residential property in this price range. Big lots in Southeast Oakville have appreciated well as they allow for the development of larger homes. As they become more scarce, that trend is likely to continue. Given these units are recently renovated, this is an excellent land-banking opportunity. 5 kitchens worth of appliances. 2 sets of laundry equipment. Split systems for heating/cooling. Window coverings and electric light fixtures. Walk to schools in Morrison.
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Kitchen
7′1″ x 8′11″
Living
11′10″ x 17′1″
Br
10′11″ x 11′10″
Kitchen
6′7″ x 8′11″
Dining
10′6″ x 14′2″
Living
9′1″ x 9′6″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 3,000 - 3,500 Sq. Ft.
- 6
- 5
- 3,500 - 5,000 Sq. Ft.
- 5
- 4
- 3,000 - 3,500 Sq. Ft.
- 4
- 4
- 2,500 - 3,000 Sq. Ft.
- 4
- 3
- 2,500 - 3,000 Sq. Ft.
- 4
- 3
- 3,500 - 5,000 Sq. Ft.
- 5
- 5
- 3,000 - 3,500 Sq. Ft.
- 4
- 5
- 4
- 2
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