2236 Line 34 N/A Active Save Request In-Person Tour Request Virtual Tour
Perth East,ON N0K 1J0
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,559 sqft
Price per Sqft $306
MLS Listing ID X9362972
Annual Tax Amount $4,819
Tax Year 2024
Property Description
Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice.
Location
Province ON
County Perth
Zoning HC
Interior
Cooling Yes
Inclusions Carbon Monoxide Detector, Smoke Detector, 3 Fridges, 3 Dishwashers, 3 Range Hoods, 3 Stoves, 3 Ovens, 3 Dryers, 3 Washers
Exterior
Utilities Available Yes
Others
Security Features No