Great opportunity in the vibrant Multi-Family / Mixed Use sector.
The property, located on 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 (converted from commercial) in 2022 and the rest have been renovated in the past 3 years - some down to the studs. New Roof 2023. A brand new restaurant is set to occupy 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 their own heat and hydro.
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