$825,000
$849,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
SOLD DATE : 08/12/2025
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Port Mcnicoll
MLS Listing ID S12272482
Sold Date 08/12/25
Style 2-Storey
Bedrooms 4
Building Age 0-5
Annual Tax Amount $3,326
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Attention Investors! HST included in the purchase price. This 2 year old purpose-built fourplex is fully leased with each of the four 1-bedroom units generating $1,600/month plus hydro ($76,800 total income per year). Each unit includes a private 6x16 on-site storage locker, offering added convenience and value to tenants. Yearly expenses: insurance $3200, taxes $3326, water/sewer $1800, grass $400 and snow removal $1076. Situated in an unbeatable location just steps from the water and scenic recreational trails, this property appeals to quality renters seeking both lifestyle and comfort. Whether you're a seasoned investor or just starting out, this is your chance to secure a modern, hassle-free asset in a desirable area. Invest with confidence and enjoy steady rental income from day one.
Location
Province ON
County Simcoe
Community Port Mcnicoll
Area Simcoe
Zoning R2-15
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Ventilation System, Countertop Range, Separate Heating Controls, Air Exchanger
Cooling None
Exterior
Exterior Feature Deck
Parking Features Private Double
Pool None
View Bay, Lake
Roof Type Asphalt Shingle
Lot Frontage 39.43
Lot Depth 119.61
Total Parking Spaces 8
Building
Foundation Concrete
New Construction false
Others
Senior Community No
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