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    For Sale - 183 Maurice Drive, Oakville, Ontario

    Est payment $21,585/mo
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    Views   1
    Time on Jump  53 day

    AI Summary *

    • Well-maintained 12-suite apartment building with extensive renovations.
    • Attractive combination of renovated suites for potential high rental income.
    • Ample parking available with 16 surface spaces for tenants.
    • Solid oak hardwood flooring and modernized kitchens enhance living quality.
    • Located on a large lot with reduced maintenance needs for hassle-free management.




    183 maurice drive, oakville. 12-suite apartment building. Exceptional oakville multi-residential investment opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118. 5' x 90. 29' lot in oakville. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property highlights: *12 residential suites *6 x two-bedroom suites *6 x one-bedroom suites *approximately $215,000 net income *16 surface parking spaces * comprehensive renovations and upgrades throughout *numerous custom kitchens featuring quartz countertops and stainless-steel appliances *numerous modernized bathrooms *3/4-inch solid oak hardwood flooring in many living areas and bedrooms *extensive suite and building-system improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * high-efficiency viessmann boiler - 2024 * large 118. 5' x 90. 29' lot * recent phase one and phase two environmental reports available. Investment highlights: this property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth.**fully rented**
    Listing IDW13756534
    Address183 Maurice Drive
    CityOakville, Ontario
    Price$4,495,000
    StyleInvestment
    Land Size10753.14
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Gas Hot WaterSewer Storm

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    Listing Brokerage: RE/MAX PRIME PROPERTIES - UNIQUE GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    183 Maurice Drive
    Oakville , Ontario
    $4,495,000
    Get more info