36 Shedden Street
Cannington, Brock, L0E 1E0
FOR SALE
$799,900
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8
BEDROOMS 4
BATHROOMS 4
KITCHENS 17
ROOMS N13445662
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Property Description
Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-03-18 | 2021-04-01 | 14 | $599,900 | $700,000 |
Property Features
Separate Heating Controls
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Property Details
Address
36 Shedden Street
Community
City
Postal Code
L0E 1E0
Property Type
Fourplex, Fourplex
Lot Size
66' x 115'
Taxes
$4,408 (2025
Basement
Crawl Space
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Realty One Group Reveal
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