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Here's an incredible opportunity to own a well diversified, mix use turnkey rental property. Despite the fact that this property is not operating at full capacity, this property is still generating a very healthy revenue. This property boasts, 4 tasteful and spacious residential rental properties (one of which is a single family home attached to the main building), one beautiful turnkey commercial retail unit, 3 separate bays offering a combined approx. 3,000 square feet of storage rental space and a huge lot with ample parking for tenants, employees, customers and anyone who may want to rent parking spaces. The building has enjoyed some amazing long-term tenants which means rents have a ton of room to improve which makes any future refinance a dream as value will drastically increase once those rents turnover but the upside is not priced in! To make this deal sweeter, it sits on a huge lot on one of the best streets in the area which means, great future development opportunity! (id:24093)
Listed by Marc Papineau and Jason Spartalis of RE/MAX AFFILIATES REALTY LTD.

Property Details of 6610 Fourth Line Road

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"Based on information submitted to CREA as of August 17, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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