$1,425,000

Investment For Sale In North Stormont, Ontario

$1,425,000

Property Information:

Introducing 28 Queen Street, Crysler - a quality-built and thoughtfully designed 6-plex located in the heart of the vibrant, and rapidly growing community of Crysler! Constructed in 2003, this 2-story building sits on a durable ICF slab-on-grade foundation. The property features 6 well-appointed residential units - including 4x 1-bedroom + 1 office units and 2x 2-bedroom units, each equipped with 1 full bathroom. With 3 spacious units per floor, this building is both functional and appealing to tenants. All units are separately metered for hydro and gas, providing simplified utility management and cost control. Additional features include a backup generator, and ample on-site parking for tenants. Currently, 5 of the 6 units are rented to reliable tenants, while 1 unit has been intentionally kept vacant - offering the future owner the flexibility to move in or lease at todays strong market rents. This is a rare and turnkey investment opportunity in an expanding community with increasing demand for quality rental housing. Whether you're a seasoned investor or looking to enter the market with a high-quality asset, 28 Queen Street is a solid, low-maintenance building primed for consistent returns. Provide 48h irrevocable on all offers. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Type: None
  • Exterior Finish: Stone, Vinyl siding
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 5
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 141.2 Feet
  • Lot Frontage: 131.2 Feet
  • Lot Size: 131.2 x 141.2 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 12

Courtesy of: Royal LePage Performance Realty

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