3-7 Main St S - Apartments FOR SALE


Uxbridge, ON L9P 1P7
$3,300,000 CAD
289-640-1541
3-7 Main St S, Uxbridge, ON for Sale
$3,300,000 CAD
Apartments - FOR SALE
1/1
null | 6.73% Cap Rate

3-7 Main St S
Uxbridge, ON L9P 1P7


HIGHLIGHTS

  • 11 Residential Apartments and 1 Commercial Unit with a net income of over $220,000.00 per annum.

OVERVIEW

Great opportunity in the vibrant Multi-Family / Mixed Use sector. The property, located at 5 and 7 Main Street South at Brock Street in Uxbridge offers 11 immaculate Residential Apartments and 1 Retail Commercial Unit, with a net income of over $220,000. Four of the eleven residential units were newly built in 2022 and the rest have been completely renovated in the past 3 years. New Roof 2023. Brand New Restaurant occupies the commercial space, which comes equipped with an 9-foot canopy hood with New Ducting, Fan, Motor and Larger Capacity Fire Suppression (2024). All units are separately metered and all tenants pay own utilities except water and hot water. 1 x 3 bedroom; 3 x 2 bedroom; 6 x 1 bedroom; and 1 x Studio apartments, together with 1 x 1,100 sf Restaurant space. 11 Fridges, 11 Stoves, 4 Washers, 4 Dryers, 5 Hot Water Tanks. Please use the contact link or call 416-690-2000 for more information or to arrange a tour of the property. More Information on Uxbridge is available here: https://www.durham.ca/en/economic-development/invest-and-grow/township-of-uxbridge.aspx

FOR SALE DETAILS

PRICE

$3,300,000 CAD

PRICE/SF

$251 CAD /SF

# OF UNITS

12

PRICE/UNIT

$275,000

CAP RATE

6.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C3

APN/PARCEL ID

182904000315600

ASK ABOUT THIS PROPERTY

A.J. HincerHomelife Classic RealtyMore Info
289-640-1541

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A.J. HincerHomelife Classic RealtyMore Info
289-640-1541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.