$1,850,000

209 Ontario Road

Mitchell ON, N0O 1N0

Description

Attention Investors! This maintenance free investment opportunity consists of 12 apartments in lovely Mitchell, Ontario, located in close proximity to Stratford and London. This well maintained concrete two storey building consists of 12 X 2 bedroom apartments that feature walk out balconies, good size bedrooms, and comfortable living space. Majority of rents are well below market rent due to long term tenants. Coin operated laundry on each floor provides additional income. Many capital improvements have been made including all windows replaced, new roof, entry doors, and cosmetic upgrades to multiple apartments. This turn key investment with no vacancy and great cash flow will make for a great addition to any portfolio!

Details

MLS#40094116
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site7

Features

SQ Feet14,000
Units12
Building(s)1
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Area Information
ProvinceON
CountyPerth
CityMitchell
Postal CodeN0O 1N0
AreaWest Perth
Listing VS Median (in N0O 1N0)
Price:
$1,850,000
low | high
Med:
$1,850,000
50% of Average
SqFt:
14,000
low | high
Med:
14,000
50% of Average
$ / SqFt:
$132
low | high
Med:
$132
50% of Average
On Site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: April 13, 2021 8:00:42 PM PDT
JON BAKER LogoMLS Number: 40094116
Listing Provided By:
JON BAKER  of  MAVERICK REAL ESTATE INC.
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