540 St Lawrence Street Winchester, Ontario K0C 2K0
$1,250,000
Investment Opportunity: 6-plex in Winchester with a 7.7% cap rate. Prime location, short walk to the hospital. Mix includes 1 x 3-bed, 2 x 2-bed, and 3 x 1-bed units. Tenants cover expenses, excluding heat. Individually metered units. Efficient heating via a reliable boiler system. High rental demand ensures strong income. Well-maintained with upgrades like new windows (2016), communal hot water tank (2019), and recent additions such as main water pump for heat (2023) and eavestrough on the extension (2023). Safety features include fire-retardant basement (2016) and a fire monitor panel (2016). Apartments have all been renovated in last 5 years. Don't miss this opportunity to invest in a property with a solid income track record and strategic positioning. Act fast! (id:50133)
Property Details
| MLS® Number | 1365845 |
| Property Type | Multi-family |
| Neigbourhood | Winchester |
| Parking Space Total | 10 |
Building
| Constructed Date | 1890 |
| Exterior Finish | Brick, Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Heat Pump, Radiant Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 209 Ft ,5 In |
| Size Frontage | 99 Ft ,8 In |
| Size Irregular | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Size Total Text | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/26187972/540-st-lawrence-street-winchester-winchester
Contact Us
Contact us for more information
Joey Van Benthem
Salesperson
www.joeysells.ca
482 Preston Street
Ottawa, Ontario K1S 4N8
(613) 231-3000
www.avenuenorth.ca
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October 18 2023 08:11:27
Ottawa Real Estate Board
Avenue North Realty Inc.