Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.
| MLS # | X13112900 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 104 |
| Listing Provided By | ROYAL LEPAGE RCR REALTY | X13112900 074500 |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Acreage | 0.21 |
| Interior Features | Separate Hydro Meter |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 4585 |
|---|---|
| Tax Legal Description | Part Lot 32 Con 2 Part 1 7R2413 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Dufferin |
| City | Shelburne |
| Postal Code | L9V 2Z1 |
| Area | Shelburne |
| Listing VS Median (in L9V 2Z1) | |
Price: $1,699,999 low | high Med: $1,699,999 On site: 104 low | high Med: 104 | |
| Province | ON |
|---|---|
| Region | Dufferin |
| City | Shelburne |
| Postal Code | L9V 2Z1 |
| Area | Shelburne |
| Listing VS Median (in L9V 2Z1) | |
Price: $1,699,999 low | high Med: $1,699,999 On site: 104 low | high Med: 104 | |