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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$599,900
Available - For Sale
Listing ID: X12930334
ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex (quad style). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles are newer improvements along with various windows, and two of the four furnaces. The property has 2 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.
Price $599,900
Taxes: $5,867.39
Tax Type: Annual
Occupancy by: Tenant
Address: 360 Stratton Drive , London East, N5W 4Z7, Middlesex
Postal Code: N5W 4Z7
Province/State: Middlesex
Legal Description: PLAN 879 LOT 14 PT LOT 15
Directions/Cross Streets: DUNDAS, EDMONTON
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 9,354
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.

360 Stratton Drive , London East, N5W 4Z7, Middlesex

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Stan Khurana
Sales Representative
Dir:
6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Com - Investment
Area: Middlesex
Municipality: London East
Neighbourhood: East E
Style:
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $5,867.39
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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