2 ac
None
Baseboard Heaters
Acreage
$3,360,000
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5,331/yr and Hydro $1,516/yr. Tenant pays utilities. Common are payable by Owner. (id:49187)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X12636902 |
|
Property Type
|
Multi-family |
|
Community Name
|
Macaulay |
Building
|
Cooling Type
|
None |
|
Heating Type
|
Baseboard Heaters |
|
Size Interior
|
2 Ac |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Size Irregular
|
2.023 |
|
Size Total
|
2.023 Ac |
|
Size Total Text
|
2.023 Ac |
|
Zoning Description
|
R4, Ep1 |
https://www.realtor.ca/real-estate/29190129/25-alexandra-street-bracebridge-macaulay-macaulay