139 North Street East, Tillsonburg, Ontario N4G1B4

Listing courtesy of Royal Lepage R.E. Wood Realty Brokerage.

$2,850,000

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List Price
$2,850,000
Status
ACTIVE
Days on Market
74
MLS® #
WoodstockIngersollTillsonburgandAreaAssociationofREALTORSWITAAR-X13504830
Lot Size
18,208
Acres
0.42
Subdivision
Tillsonburg
Neighborhood
Tillsonburg
MLS Area Major
Tillsonburg

Property Description

PRE-CONSTRUCTION INVESTMENT OPPORTUNITY! BRAND NEW To Be Built 8-UNIT SINGLE-STOREY APARTMENT BUILDING An incredible addition to any real estate portfolio, this rare, purpose-built single-storey apartment building is officially available for acquisition ahead of construction. Designed with modern efficiency, low-maintenance longevity, and accessibility in mind, this slab-on-grade development completely eliminates the burden of stairs, making it highly desirable for a premium, long-term tenant demographic.The building features a uniform, highly marketable layout comprised of 8 spacious units. Each unit is thoughtfully designed with a functional floor plan, premium modern finishes, and an individual, full-sized appliance package including a refrigerator, stove, dishwasher, over-the-range microwave, and in-suite washer and dryer. To ensure maximum profitability and minimal landlord overhead, all units will be individually metered, with tenants paying 100% of their own utilities.By purchasing pre-construction, you secure a brand-new, turnkey multi-family asset built to the latest energy-efficient codes, yielding low operating costs and exceptional capitalization rates from day one. Skip the headache of competing for older, high-maintenance value-add properties and step into a clean, modern revenue stream. Complete architectural site plans, projected rent rolls, and pro forma financials are available. Secure this high-performing asset today and watch your portfolio grow. (id:5764)

Additional Information

Taxes
$1,500
Community Features
Tillsonburg
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned

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Calculator source: Real Geeks