36 Victoria Street,Asphodel-Norwood, ON K0L 2V0
Asphodel-Norwood, ON K0L 2V0
Description
This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer's agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.
Details
| MLS# | X11993786 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 59 |
| Listing Provided By | CENTURY 21 INNOVATIVE REALTY INC. | X11993786 162401 |
Features
| SQ Feet | 32,670 |
|---|---|
| Acreage | 0.75 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Peterborough |
| City | Asphodel-Norwood |
| Postal Code | K0L 2V0 |
| Area | Norwood |
| Listing VS Median (in K0L 2V0) | |
Price: $1,299,000 low | high Med: $599,950 SqFt: 32,670 low | high Med: 3,874 $ / SqFt: $40 low | high Med: $172 On site: 59 low | high Med: 134.500000 | |