ON > Perth East
Perth East, ON N0K 1J0,2236 Line 34 N/A
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Perth East, ON N0K 1J0,2236 Line 34 N/A
Perth East, ON N0K 1J0,2236 Line 34 N/A
Perth East, ON N0K 1J0,2236 Line 34 N/A
Perth East, ON N0K 1J0,2236 Line 34 N/A
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,399,000
Est. payment /mo
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2236 Line 34 N/A Perth East, ON N0K 1J0

4,559 SqFt

UPDATED:

09/23/2024 01:32 PM

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

Listed by THE REALTY FIRM INC.
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2236 Line 34 N/A