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378 Mara Rd Brock, Ontario L0K 1A0

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6 Bathroom 17653 sqft

$1,400,000

Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with a 5.8% CAP Rate!. Five 2-Bedroom Apartments with Legal NC Status. Just Over $9,000/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 12 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More!. Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset **** EXTRAS **** Expenses under $1,200/month (Taxes, insurance, Utilities). R3 Zoning 6 hydro meters (1 per unit plus 1for common areas). (id:50638)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number N8146190
Property Type Multi-family
Community Name Beaverton

Building

Bathroom Total 6
Size Interior 17653 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 88 X 201.58 Ft
Size Total Text 88 X 201.58 Ft

https://www.realtor.ca/real-estate/26629051/378-mara-rd-brock-beaverton