Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio !
Address
254 Centre Street E
List Price
$1,695,000
MLS® Status
New
Expiration Date
2025-12-05
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Essa
Sub-Area
Angus
Region
Simcoe
Bedrooms
8 + 6
Bedrooms (Total)
14
Rooms Above Grade
24
Rooms Below Grade
16
Rooms (Total)
37
Bathrooms
10
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
119.56
Lot Shape
Irregular
Lot Irregularities
Irregular
Lot Size Units
Feet
Lot Width
160.6
Parcel Number
589810023
Occupant Type
Tenant
Cross Street
Hwy90/5th Line S/Cen
MLS® Number
N12446983
Listing Brokerage
HOMELIFE INTEGRITY REALTY INC.
Basement Area
Partial Basement
Postal Code
L0M 1B2
Posession Details
Flexible
Parking
Private Double
Parking Places (Total)
17
Parking Spaces
17
Tax Amount
$6,199.62
Tax Year
2024
Site Influences
Level
Interior Features
Separate Heating Controls, Water Heater
Property Features
Level
Cable
Yes
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Aluminum Siding
UFFI
No
Direction Faces
South
Fireplace
No
Foundation Details
Block
Garage
No
Garage Type
None
Kitchens Total
10
Kitchens Above Grade
6
Kitchens Below Grade
4
Pool Features
None
Roof
Asphalt Shingle, Membrane
Tax Legal Description
Lot 1 Plan 1372 Essa Township
Waterfront
No
Sewer
Sewer