2236 LINE 34, Perth East | Image 1

2236 LINE 34

Perth East

  • Commercial

$X,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C-1

  • Age: 0-5 years

  • Taxes: 4819.24

  • MLS®#: X10744912

  • Days on Site: 108 Days

  • Added: Aug 19, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: Revel Realty Inc. Brokerage

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 0-5

  • Area: Perth East

  • Availability Date: Flexible

  • Assessment Amount: $485,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 4

  • Air Conditioning: Central Air

  • Washrooms: 4

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: LOT 15, PART OF LOT 14 , PART OF LOT 16, PLAN 278, NORTH EASTHOP

  • Taxes: $4,819

  • Insurance Fee: 6000

Land

  • Cross Street: Line 34 Between Jame

  • Municipality District: Perth East

  • Parcel Number: 530830091

  • Sewer: Sewers

  • Lot Frontage: 103.35

  • Lot Irregularities: 84.99 x 41.81 x 42.11

  • Zoning: C-1

Commercial Specific

  • Total Area: 5159

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Rec Centre

JK-8

North Easthope Public School

Elementary: Public
6.41 km
JK-6

Grandview Public School

Elementary: Public
10.31 km
JK-8

Sprucedale Public School

Elementary: Public
0.26 km
JK-8

Holy Family Catholic Elementary School

Elementary: Catholic
10.32 km
JK-8

Tavistock Public School

Elementary: Public
5.83 km
JK-8

Anne Hathaway Public School

Elementary: Public
10.62 km
9-12

Woodstock Collegiate Institute

Secondary: Public
27.35 km
9-12

Huron Park Secondary School

Secondary: Public
26.91 km
9-12

Stratford Central Secondary School

Secondary: Public
11.71 km
9-12

St Michael Catholic Secondary School

Secondary: Catholic
12.55 km
9-12

Stratford Northwestern Secondary School

Secondary: Public
12.35 km
Pre-Grade 9-12

Waterloo-Oxford District Secondary School

Secondary: Public
12.81 km