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Room featuring wood-finish flooring, dark gray walls, and white baseboards Features: baseboard radiator, wood finish floor, smoke carbon monoxide detector, bonus room, drywall, baseboards wall, vaulted ceiling

Room featuring wood-finish flooring, dark gray walls, and white baseboards Features: baseboard radiator, baseboards wall, natural light, drywall, vaulted ceiling, wood finish floor

Spacious room featuring wood-finish flooring, a neutral grey wall color, white trim, and a white paneled door Features: drywall, wood finish floor, baseboards wall, closet

Bathroom featuring a white subway tile shower surround, a white bathtub, and wood-finish flooring Features: baseboard radiator, natural light, full bathroom, sink, baseboards wall, vanity, drywall, wood finish floor, combined bath shower

Bathroom featuring a white vanity with integrated sink, coordinating medicine cabinet, full-size bathtub with ceramic tile surround, and neutral-toned floor tile Features: vanity, vaulted ceiling, mirror, sink, drywall, full bathroom, toilet, combined bath shower, baseboards wall, tile floor

Compact kitchen featuring stainless steel appliances, white cabinetry, dark countertops, and a white brick-patterned backsplash Features: u shaped kitchen, baseboards wall, stone countertops, wood finish floor, range hood, vaulted ceiling, kitchen peninsula, sink, range oven, refrigerator, backsplash, tile floor, drywall, white cabinets

Spacious room featuring wood-finish flooring, two windows, baseboard heating, a built-in recessed wall niche, and a flush-mount ceiling light fixture Features: vaulted ceiling, natural light, baseboards wall, drywall, baseboard radiator, wood finish floor

Spacious room featuring sloped ceilings, two windows with white trim, wood-finish flooring, baseboard heating, and ceiling-mounted light fixtures Features: baseboards wall, baseboard radiator, bonus room, drywall, wood finish floor, natural light, vaulted ceiling

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

11 Private Drive

Marmora and Lake , Ontario

$799,900

Est payment $3,841/mo

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Time on Jump 32 day

AI Summary *

Fully occupied 8-plex offering steady rental income from diverse unit types.
Upgraded plumbing, electrical systems, and insulation for modern living.
Efficient radiant water heating and air exchanger for comfort and air quality.
New roof installed in 2023 for enhanced value and reduced maintenance.
Turnkey investment property requires minimal upfront work for investors.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 39,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 on 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 an 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 IDX13549618

Address11 Private Drive

CityMarmora and Lake, Ontario

Price$799,900

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentHeating / Cooling Gas Hot WaterSewer Sanitary

Market Info

Listing Agency:
Royal Lepage Proalliance Realty

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Listing Agency:
Royal Lepage Proalliance Realty

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

AI Summary *

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Property Info

Extras

Market Info

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