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Minto,ON N0G 1Z0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Minto
MLS Listing ID X12049615
Style 2-Storey
Bedrooms 10
Annual Tax Amount $4,122
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $1800 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity.
Location
Province ON
County Wellington
Community Minto
Area Wellington
Zoning R1B
Rooms
Family Room Yes
Basement Separate Entrance
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling None
Inclusions all chattels and owners appliances
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 165.15
Lot Depth 132.12
Total Parking Spaces 8
Building
Foundation Stone
Others
Senior Community Yes