9524 Springwater Road, Malahide | Image 1

9524 Springwater Road

Malahide, Orwell

  • 9 bed 7 bath
$1,249,000 est.*: $4,231/mo
For Sale

Added 1 week ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 125.42 x 203.86 Feet

  • Age: No Data

  • Taxes: $4,220 per year

  • Added: Sep 05, 2024 (1 week ago)

  • Updated:

  • Last Checked: 38 minutes ago

  • MLS®#: X9301589

  • Listed By: The agency

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, its ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Dont miss this chance to secure a sound and profitable investment.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Malahide

  • Community: Orwell

  • Availability Date: FLEXIBLE

Inside

  • Bedrooms: 9

  • Bathrooms: 7

  • Kitchens: 4

  • Rooms: 19

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 7

Building

  • Basement: None

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Type: None

  • Covered Parking Spaces: 15

  • Total Parking Spaces: 15

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART OF LOT 74 CON NTR MALAHIDE DESIGNATED AS PART 1, 11R7640 TO

  • Taxes: $4,220

Land

  • Cross Street: North on Springwater

  • Municipality District: Malahide

  • Fronting On: East

  • Parcel Number: 352890154

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 203.86 Feet

  • Lot Frontage: 125.42 Feet

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Car-Dependent

  • Almost all errands require a car.
0 /100

Somewhat Bikeable

  • Most errands require a car.
27 /100
Map of 9524 Springwater Road, Malahide
JK-8

Assumption Separate School

Elementary: Catholic
4.12 km
JK-6

South Dorchester Public School

Elementary: Public
9.22 km
JK-8

Sparta Public School

Elementary: Public
9.69 km
JK-8

New Sarum Public School

Elementary: Public
4.13 km
5-8

Davenport Public School

Elementary: Public
3.40 km
JK-5

McGregor Public School

Elementary: Public
4.11 km
9-12

Arthur Voaden Secondary School

Secondary: Public
12.68 km
9-12

Central Elgin Collegiate Institute

Secondary: Public
11.55 km
9-12

St Joseph's High School

Secondary: Catholic
11.33 km
9-12

Regina Mundi College

Secondary: Catholic
18.91 km
9-12

Parkside Collegiate Institute

Secondary: Public
13.24 km
9-12

East Elgin Secondary School

Secondary: Public
3.41 km

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