11 Private Road, Marmora and Lake | Image 1

11 Private Road

Marmora and Lake, Marmora Ward

  • Commercial

$1,250,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: CF

  • Age: No Data

  • Taxes: 6650.17

  • MLS®#: X12017977

  • Days on Site: 1 Days

  • Added: Mar 13, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: ROYAL LEPAGE PROALLIANCE REALTY

Prime Investment Opportunity Fully Occupied 8-PlexAre you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Marmora and Lake

  • Community: Marmora Ward

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 109 PL 727, PART 1 21R23710; T/W QR570533; MARMORA & LAKE

  • Taxes: $6,650

  • Taxes Type: Annual

Land

  • Cross Street: Deloro St & Private

  • Municipality District: Marmora and Lake

  • Sewer: Sanitary

  • Zoning: CF

Commercial Specific

  • Sprinklers: N

  • Total Area: 7554.11

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: Y

Car-Dependent

  • Almost all errands require a car.
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Map of 11 Private Road, Marmora and Lake
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