10,753 ft2
None
Hot Water Radiator Heat
$4,695,000
183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118.5' x 90.29' lot in Oakville, Ontario. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: *12 Residential Suites *6 x Two-Bedroom Suites *6 x One-Bedroom Suites *Approximately $215,000 Net Income *16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout *Numerous custom kitchens featuring quartz countertops and stainless-steel appliances *Numerous Modernized bathrooms *3/4-inch solid oak hardwood flooring in living areas and bedrooms *Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118.5' x 90.29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth. (id:50976)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
|
Name
|
12 Suite Apartment Building |
Property Details
|
MLS® Number
|
W13756534 |
|
Property Type
|
Multi-family |
|
Community Name
|
1002 - CO Central |
|
Parking Space Total
|
16 |
Building
|
Appliances
|
Dishwasher, Dryer, Washer |
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Hot Water Radiator Heat |
|
Size Interior
|
10,753 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Storm Sewer |
|
Size Depth
|
90 Ft ,3 In |
|
Size Frontage
|
118 Ft ,6 In |
|
Size Irregular
|
118.5 X 90.29 Ft |
|
Size Total Text
|
118.5 X 90.29 Ft |
|
Zoning Description
|
Residential |
https://www.realtor.ca/real-estate/30247786/183-maurice-drive-oakville-co-central-1002-co-central
