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$2,690,000 · BRAND NEW 12 UNIT Building - Under Construction- Great

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  • MLS Number1168085

12075 MAIN ST W, Winchester K0C 2K0 Listed at $2,690,000 MLS#1168085 Under Construction - To be completed February 2020 12 Unit Building - ( 1 - one bedroom, 9- two bedroom units, 2- three bedroom units) Lot Size: 100 x 220 Feet Taxes: $17500 approx Contact for financials \ Attention Investors! 3 storey multi-family property. Under Construction BRAND NEW 12 UNIT built by a PREMIUM BUILDER with a successful portfolio!! Immediate CASH FLOW with an estimated 5.8% CAP RATE. COMPLETION expected Feb 1, 2020. Conveniently located in the growing town of Winchester just south of Ottawa, 2KM from Hospital. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 12 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 20 parking spots incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place & existing contract can be assumed. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to grocery stores, shopping, & hospital. Income and expenses are estimated as the building is yet to be completed and operational. OWN THIS BRAND NEW ASSET TODAY!

Ad #
34875623
Posted
November 6, 2019
Renewed
October 15, 2020
Expiry
November 14, 2020
Status
SOLD
Details
New, Commercial Seller
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