15 ELM STREET
Asphodel-norwood (norwood), Ontario, Canada

MLS#: X11993735

$727,722 USD

CA$999,999 CAD

  • Home/Lot size
    0.19m²  (2ft²)
The details

Property features

Other features

  • Heating system: Electric Forced Air

Area

  • Property size: 0.19m²  (2ft²)
  • Land/Lot size: 7,649m²  (1.89ac)

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. (id:42016)

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Location

Asphodel-norwood (norwood), Ontario, Canada