378 Mara Rd
Brock, L0K1A0
For Sale
$1,400,000
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Apartment
CATEGORY17,653 Sq Ft
TOTAL AREAN8146190
MLSIDContact Us
Property Description
Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with a 5.8% CAP Rate!. Five 2-Bedroom Apartments with Legal NC Status. Just Over $9,000/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 12 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More!. Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset
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Extras
Expenses under $1,200/month (Taxes, insurance, Utilities). R3 Zoning 6 hydro meters (1 per unit plus 1for common areas).
Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
R3
Total Area
17,653 Sq Ft
Lot Size
88' x 202'
Taxes
$5,961 (2023)
Washrooms
6
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Listing contracted with Royal Lepage Signature Realty
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