2289 Loop Rd

FOR SALE
$649,000
Terminated
$0
2289 Loop Rd, Highlands East
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
2289 Loop Rd
6
BEDROOMS
4
BATHROOMS
4
KITCHENS
14
ROOMS
X8190726
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-02 2024-04-27 25 $649,000 - Terminated
2014-01-30 2014-02-01 22 $90,000 $83,000 Sold
2013-08-02 2013-10-28 89 $109,900 - Expired
Property Description
FOURPLEX - Turn key investment opportunity in Wilberforce! Completely renovated in 2012 with the fourth unit being completely renovated in the last six months. This cash flow positive building has 3 units rented on a long term basis with the opportunity to move into the fourth unit or rent it to a tenant of your choosing. Unit 1: 1 bedroom, 1 bathroom, main floor. Unit 2: 1 bedroom, 1 bathroom, huge walk in closet, main floor. Unit 3: 2 bedroom, 1 bathroom, upper floor. Unit 4: Newly renovated, vacant, 2 bedroom with a walkout onto a large upper floor deck facing the backyard. The property is serviced by a sand point well and commercial septic system with a very large level, fenced backyard. A fully unfinished basement accessed from unit 1 completes this amazing investment.
Property Features
Fenced Yard, Level, School Bus Route
Property Details
Street
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
69' x 202'
Acreage
< .50
Lot Irregularities
Rectangular 0.33 Acres
Fronting
West
Taxes
$2,470 (2024)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd8.60' x 11.81'
Br2nd10.73' x 9.55'
Sitting2nd11.09' x 7.97'
Dining2nd11.09' x 5.71'
Living2nd12.04' x 11.42'
Kitchen2nd15.49' x 8.69'
Bathroom2nd9.65' x 6.53'
Foyer2nd5.51' x 6.56'
Similar Listings
2289 Loop Rd, Highlands East
6
BEDS
4
BATHS
$599,900
FOR SALE
Welcome to your dream investment in Wilberforce! This fourplex is a turnkey opportunity that's been meticulously renovated, with the fourth unit receiving a complete makeover in the last six months. Let's talk about its cash flow potential: Three units are already leased long-term, providing a steady stream of income from day one. But here's where it gets exciting: Unit 4 is newly renovated and currently vacant, giving you the option to move in yourself or handpick the perfect tenant. Each unit has its own unique charm. Unit 1 on the main floor offers a cozy 1-bedroom, 1-bathroom layout, perfect for comfortable living. Unit 2 also on the main floor features an additional luxury - a huge walk-in closet, providing ample storage space. Upstairs, Unit 3 boasts a spacious 2-bedroom, 1-bathroom configuration, offering privacy and room to spread out. Unit 4, the crown jewel of the property, features a recently renovated 2-bedroom layout and a walkout onto a large upper floor deck facing the backyard. Imagine enjoying your morning coffee or hosting gatherings in this serene outdoor space! But that's not all - the property is serviced by a reliable sand point well and commercial septic system, ensuring hassle-free maintenance. And let's not forget about the expansive, fenced backyard, perfect for outdoor activities and relaxation. Completing this amazing investment is a fully unfinished basement, accessible from Unit 1, offering endless possibilities for customization or additional living space. Don't miss out on this incredible opportunity to own a cash flow positive property with endless potential for growth and appreciation. Invest in Wilberforce today and secure your financial future!
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