For Sale - 11 Private Drive, Marmora and Lake, Ontario

Est payment $4,321/mo
Views   1
Time on Jump  1 days
  • Fully occupied 8-plex providing immediate rental income.
  • Diverse mix of 1-bedroom, 2-bedroom, and 4-bedroom units.
  • Efficient radiant water heating and air exchanger for comfort.
  • Significant upgrades completed in 2012 for top-notch condition.
  • New roof installed in 2023 for reduced future maintenance.



Prime investment opportunity - fully occupied 8-plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!
Listing IDX13128706
Address11 Private Drive
CityMarmora and Lake, Ontario
Price$899,900
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary
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Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY

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11 Private Drive
Marmora and Lake , Ontario
$899,900
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