154-156 Freelton Road, Freelton, ON L8B 0Z5

Listing courtesy of RE/MAX Escarpment Realty Inc..

$1,550,000
8
BD
4
BA
6,316
SqFt

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List Price
$1,550,000
Status
ACTIVE
Days on Market
62
MLS® #
40834250
Subtype
Residential Income
Bedrooms
8
Bathrooms
4
Living Area
6,316
Subdivision
043 - Flamborough West
Neighborhood
043 - Flamborough West
MLS Area Major
Hamilton

Property Description

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA.

Additional Information

Interior Features
Separate Hydro Meters
Zoning
S2
Appliances
Refrigerator, Stove
Heating
Forced Air, Natural Gas
Air Conditioning
Central Air, Wall Unit(s)
Stories
2
Roof
Asphalt Shing
Foundation
Block, Poured Concrete
Parking Features
Attached Garage, Exclusive
Garage Spaces
1

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Please consult a financial professional.
Calculator source: Real Geeks

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