Address: 2236 LINE 34, Shakespeare
Subdivision: 47 - Shakespeare
Postal Code: N0K1J0
Style:
Type: Multi-family Fourplex
Bedrooms: 6
Bathrooms: 4 / 0
Lot Size: 103 ft x
Stories: 3
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. (id:56071)
Rental Equipment:
Directions: Line 34 Between James Street and Galt Street
Zoning Description: C-1
Interior Size: 5159 sqft
Community Features: Community Centre
Access: Road access, Highway access
Lot: under 1/2 acre
Exterior Finish: Stone, Stucco
Water: Municipal water, Municipal sewage system
Heating / Cooling: Natural gas / Central air conditioning
Age: 2022
Foundation: Poured Concrete
Constructed Date: 2022
Basement: Full (Finished) Finished
* Mandatory fields..
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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.