154-156 Freelton Road, Freelton, Ontario

$1,550,000

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8

Beds

4

Baths

6,316

Square feet

About 154-156 Freelton Road

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA. (id:36535)

Features of 154-156 Freelton Road

Listing # 40834250
Price $1,550,000
Bedrooms 8
Bathrooms 4.00
Square Footage 6,316
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 154-156 Freelton Road
Subdivision 043 - Flamborough West
City Freelton
Province Ontario
Postal Code L8B0Z5

Amenities

Amenities Golf Nearby, Park, Place of Worship, Playground, Schools
Features Laundry- Coin operated
Parking Spaces 9
Parking Attached Garage, Open
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning, Wall unit
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Partial (Unfinished)
Basement Development Unfinished

Exterior

Exterior Concrete, Vinyl siding, Shingles
Construction Concrete block, Concrete Walls
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of RE/MAX Escarpment Realty Inc.

Listing Map