378 Mara Road, Brock | Image 1

378 Mara Road

Brock, Beaverton

  • Commercial

$1,400,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R3

  • Age: 100+ years

  • Taxes: 5960.57

  • MLS®#: N8146190

  • Days on Site: 20 Days

  • Added: Mar 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with a 5.8% CAP Rate!. Five 2-Bedroom Apartments with Legal NC Status. Just Over $9,000/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 12 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More!. Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset

Extras

Expenses under $1,200/month (Taxes, insurance, Utilities). R3 Zoning 6 hydro meters (1 per unit plus 1for common areas).

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Brock

  • Community: Beaverton

  • Availability Date: Flexible

Inside

  • Bathrooms: 6

  • Air Conditioning: N

  • Washrooms: 6

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT BLK D PL 81, W OF MARA RD, PT 1, 40R10690; TOWN

  • Taxes: $5,961

  • Taxes Type: Annual

Land

  • Cross Street: Main St & Simcoe St

  • Municipality District: Brock

  • Parcel Number: 720410034

  • Sewer: Sanitary

  • Lot Depth: 201.58 Feet

  • Lot Frontage: 88 Feet

  • Zoning: R3

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Rail: N

  • Total Area: 17653

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

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Very Walkable

  • Most errands can be accomplished on foot.
75 /100
Map of 378 Mara Road, Brock
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