2289 Loop Rd
Highlands East, K0L 2A0
FOR SALE
$649,000
Terminated
$0
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6
BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX8190726
MLSIDContact 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 |
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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
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Property Details
Street
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Prim Bdrm | 2nd | 8.60' x 11.81' | |
Br | 2nd | 10.73' x 9.55' | |
Sitting | 2nd | 11.09' x 7.97' | |
Dining | 2nd | 11.09' x 5.71' | |
Living | 2nd | 12.04' x 11.42' | |
Kitchen | 2nd | 15.49' x 8.69' | |
Bathroom | 2nd | 9.65' x 6.53' | |
Foyer | 2nd | 5.51' x 6.56' |
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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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