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$ 999,999
Est. payment | /mo
1 SqFt
$ 999,999
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $999,999
Subdivision Norwood
MLS Listing ID X11993735
Annual Tax Amount $4,176
Tax Year 2024
Property Sub-Type Investment
Property Description
This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating opportunity. Ideally located near amenities, schools, and public transportation, the property consists of four spacious 2-bedroom units and two 1-bedroom units. Tenants are responsible for their own electric heating, reducing utility costs for the owner. The building features on-site laundry facilities, four lockers designated for the 2-bedroom units, and additional in-unit storage for one of the 1-bedroom apartments. With surface parking available, the property boasts 12 parking spots for tenant convenience. Additionally, the building offers renovation potential, enhancing both rental income and long-term appreciation in this developing neighborhood.
Location
Province ON
County Peterborough
Community Norwood
Area Peterborough
Zoning R3
Interior
Cooling No
Inclusions All existing appliances , window coverings and ELFs
Exterior
Utilities Available Yes
Lot Frontage 150.0
Lot Depth 117.54
Listed by CENTURY 21 INNOVATIVE REALTY INC.