For Sale - 91 Division Street, Cramahe, Ontario

Est payment $4,202/mo
Views   1
Time on Jump  75 day
  • Fourplex with unique charm, formerly a railway hotel with character.
  • Variety of units offering options for different tenants and lifestyles.
  • Each unit separately metered for easy utility management.
  • Large private yard with mature trees perfect for outdoor spaces.
  • Recently updated metal roof reduces future maintenance costs.



Fourplex investment opportunity (seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as the grand trunk railway hotel, this building has character and charm that cant be replicated. Seller is willing to consider a vendor take back (vtb). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: a spacious 3-bdrm, 1-bath apartment. Unit 2: this unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: a cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: a bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature. In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
Listing IDX12703506
Address91 Division Street
CityCramahe, Ontario
Price$875,000
Bed / Bath8 / 5 Full
Style2 1/2 Storey, Detached
ConstructionVinyl Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Water Heater OwnedOwnership FreeholdBasement Unfinished, Partial BasementFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Septic
Parking 4.00
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Listing Agency:  REAL BROKER ONTARIO LTD.

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91 Division Street
Cramahe , Ontario
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