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1182 Linbrook Rd

Linbrook Rd, South East Oakville, Oakville, ON, L6J 2L4

6
Beds
6
Baths
$3,295,000
List Price
Details
Photos
35
Comparables
History
1182 Linbrook Rd, Oakville, ON - 1 of 3
1182 Linbrook Rd, Oakville, ON - 2 of 3
1182 Linbrook Rd, Oakville, ON - 3 of 3
54 days on market

Quick Summary

  • Rare 5 unit residential property opportunity
  • Recently renovated units
  • 15,000 square foot lot
  • $10,350 monthly income
  • Excellent land-banking potential
  • Walk to schools in Morrison
  • Appliances and laundry equipment

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... Show More

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 $10,350. 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

Sq. Ft. Not Available
12 total rooms
6 Beds
6 Above Grade
6 Baths

Parking

6 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Part Bsmt
Exterior
Stucco/Plaster
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
Other

Utilities

Water
-
Sewer
Sewers
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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′5″ x 14′2″

Living

9′1″ x 9′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$11,044

Source

Listing Brokerage

MLS® Listing
W8166604
Last Updated
April 5, 2024
Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Call us 800-591-0566

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