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985 Kingsway Dr

Kingsway DrAldershotBurlingtonON, L7T 3J1

8
Beds
8
Baths
$1,899,999
List Price
985 Kingsway Dr, Burlington, ON - 1 of 3
985 Kingsway Dr, Burlington, ON - 2 of 3
985 Kingsway Dr, Burlington, ON - 3 of 3
37 days on market

Quick Summary

  • Profitable 8-unit multi-residential property
  • Meticulously maintained building with revitalized common areas
  • Updated exterior retaining wall for enhanced durability
  • Tenants pay for hydro, reducing operating costs
  • Flat roof replaced in 2022 for long-term reliability
  • Clean environmental Phase 1 report completed in 2024
  • On-site laundry facilities for tenant convenience
  • Ample parking with 11 spots available

6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403,... Show More

6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403, and Mapleview Shopping Centre.

Property Details

Size

Sq. Ft. Not Available
8 Beds
8 Above Grade
8 Baths

Parking

11 Parking Spaces
Other

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Concrete
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Water
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$8,309

Source

Listing Brokerage

MLS® Listing
W9396611
Last Updated
November 6, 2024
Brokerage
MYSAK REALTY INC.
Call us 800-591-0566

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