36 VICTORIA STREET Asphodel-norwood (norwood), Ontario, Canada

Listed By CENTURY 21 Innovative Realty Inc. Brokerage
The Home for Sale located at Asphodel-norwood (norwood), Ontario, Canada is currently for sale. Asphodel-norwood (norwood), Ontario, Canada is listed for $945,720. If the property located at Asphodel-norwood (norwood), Ontario, Canada isn't what you're looking for, visit https://www.century21global.com to see other Homes for Sale in Asphodel-norwood (norwood) .
Date Updated : May 24, 2025
MLS#: X11993786
$945,720 USD
CA$1,299,000 CAD
- Home/Lot size0.09m² (1ft²)
Property features
Other features
- Heating system: Electric Forced Air
Area
- Property size: 0.09m² (1ft²)
- Land/Lot size: 3,035m² (0.75ac)
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. (id:42016)