504 Andrew Street, Shelburne, ON L9V 2Z1

$1,699,999
8
BD
4
BA
1,500
SqFt

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List Price
$1,699,999
MLS#
X13112900
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
Bungalow-Raised
Bedrooms
8
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Shelburne
Area
Dufferin
Neighborhood
Shelburne
Subdivision
Main Street East & Dufferin Street

Property Description

Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.

Additional Information

Taxes
$4,585
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit(s)
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
7
Parking Type
Private

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE RCR REALTY.