61 Main Street South, Uxbridge | Image 1

61 Main Street South

Uxbridge, Uxbridge

  • Commercial

$1,150,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2

  • Age: No Data

  • Taxes: 4944

  • MLS®#: N9395354

  • Days on Site: 62 Days

  • Added: Oct 15, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: SUTTON GROUP-HERITAGE REALTY INC.

Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three renovated units and one 1-bedroom unit, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Financials available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments.

Extras

Building Roof 2024, Garage Roof 2019. SQ.FT above grade according to MPAC 1,435 and lower level is the same size giving it a total Sq.Ft of 2870. Two New (2024) Hot Water Tanks Owned

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 62661

  • Area: Uxbridge

  • Community: Uxbridge

  • Availability Date: January, 2025

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 9, BLK 63 PL 83 AS IN D384680 TOWNSHIP OF UXBRIDGE

  • Taxes: $4,944

  • Expenses: Est

  • Insurance Fee: 3943

  • Taxes Type: Annual

  • Water Fees: 1570

Land

  • Cross Street: Main St S & Brock St

  • Municipality District: Uxbridge

  • Parcel Number: 268430156

  • Lot Depth: 110.43 Feet

  • Lot Frontage: 54.56 Feet

  • Zoning: R2

Commercial Specific

  • Sprinklers: N

  • Total Area: 2870

  • Total Area Metric: Sq Ft

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Public Transit

  • Franchise: N

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 78768

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Car-Dependent

  • Most errands require a car.
47 /100

Somewhat Bikeable

  • Most errands require a car.
38 /100
Map of 61 Main Street South, Uxbridge
JK-8

Goodwood Public School

Elementary: Public
9.74 km
JK-8

St Joseph Catholic School

Elementary: Catholic
1.55 km
JK-8

Scott Central Public School

Elementary: Public
7.62 km
JK-8

Uxbridge Public School

Elementary: Public
0.63 km
JK-8

Quaker Village Public School

Elementary: Public
1.50 km
JK-8

Joseph Gould Public School

Elementary: Public
0.57 km
9-12

ÉSC Pape-François

Secondary: Catholic
18.90 km
9-12

Brooklin High School

Secondary: Public
20.11 km
9-12

Port Perry High School

Secondary: Public
13.39 km
9-12

Notre Dame Catholic Secondary School

Secondary: Catholic
25.82 km
9-12

Uxbridge Secondary School

Secondary: Public
0.50 km
9-12

Stouffville District Secondary School

Secondary: Public
19.51 km

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