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Royal LePage
Royal LePage
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$1,399,000

Perth East (Shakespeare) ON, N0K 1J0

MLS® # X12214848

Property Information:

Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $83,400 in annual income, plus a ground-floor commercial space that will bring in $1,000 when rented, bringing your annual income to $95,400. Current CAP rate of 5.1% with a projected CAP rate of 5.9%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 4735 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4735 Square Feet
  • Lot Depth: 127.1 Feet
  • Lot Frontage: 103.7 Feet
  • Zoning: C1
  • No. of Parking Spaces: 10

Courtesy of: eXp Realty

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 2236 LINE 34, Perth East (Shakespeare), Ontario, N0K 1J0

Demographic Information of 2236 LINE 34, Perth East (Shakespeare), Ontario, N0K 1J0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$118,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.14 %

High school certificate or equivalent

29.75 %

Apprenticeship trade certificate/diploma

9.09 %

College/non-university certificate

26.45 %

University Degree

11.57 %

Commuter

Travel To Work

By Car

95.65 %

By Public Transit

0.0 %

By Walking

4.35 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.51 %

Houses

96.49 %

Own Vs. Rent

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