$1,850,000

209 Ontario Road

Mitchell ON, N0O 1N0

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Description

Attention Investors! This maintenance free investment opportunity consists of 12 apartments in lovely Mitchell, Ontario, located in close proximity to Stratford and London. This well maintained concrete two storey building consists of 12 X 2 bedroom apartments that feature walk out balconies, good size bedrooms, and comfortable living space. Majority of rents are well below market rent due to long term tenants. Coin operated laundry on each floor provides additional income. Many capital improvements have been made including all windows replaced, new roof, entry doors, and cosmetic upgrades to multiple apartments. This turn key investment with no vacancy and great cash flow will make for a great addition to any portfolio!

Details

MLS#40094116
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site5

Features

SQ Feet14,000
Units12
Building(s)1
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Diane Brown

Diane Jane Brown

2528703 (905) 541-6122Contact Me Form Link
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Area Information
ProvinceON
CountyPerth
CityMitchell
Postal CodeN0O 1N0
AreaWest Perth
Listing VS Median (in N0O 1N0)
Price:
$1,850,000
low | high
Med:
$1,850,000
50% of Average
SqFt:
14,000
low | high
Med:
14,000
50% of Average
$ / SqFt:
$132
low | high
Med:
$132
50% of Average
On Site:
5
low | high
Med:
5
100% of Average
Sourced by Back At You
Listing Updated: April 11, 2021 8:00:38 PM PDT
JON BAKER LogoMLS Number: 40094116
Listing Provided By:
JON BAKER  of  MAVERICK REAL ESTATE INC.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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