$1,900,000 $10,200 est/mo Sourced by Back At You

15 Killdeer Road,Elmira, ON N3B 1X2

Elmira ON, N3B 1X2

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Description

Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria with the best rates and amortizations currently available. Individual electrical meters tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building’s back windows (2020), Building’s front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let’s book a showing.

Details

MLS#40551877
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1973
Days On Site19
Listing Provided ByRoyal LePage Wolle Realty | Mike Milovick

Features

Bed(s)12
Bath(s)12
SQ Feet6,400
BasementY
Story(s)2
Units12
ZoningR-6
Acreage0.42
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Listings Checked: 17 seconds ago
ProvinceON
CountyWaterloo
CityElmira
Postal CodeN3B 1X2
Area5 Woolwich and Wellesley Township
Subarea550 Elmira
Community Name550 Elmira
Listing VS Median (in 550 Elmira)
Price:
$1,900,000
low | high
Med:
$899,000
100% of Average
SqFt:
6,400
low | high
Med:
2,800
100% of Average
$ / SqFt:
$297
low | high
Med:
$321
41.84962406015% of Average
On Site:
19
low | high
Med:
635.000000
2.992125984252% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 11:03:22 AM PDT