ON > Asphodel-norwood > Norwood
Asphodel-norwood, ON K0L 2V0,36 Victoria ST
Asphodel-norwood, ON K0L 2V0,36 Victoria ST
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$1,299,000
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36 Victoria ST Asphodel-norwood, ON K0L 2V0

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Kenneth Yim

Kenneth Yim

Keller Williams Referred Urban Realty

+1(416) 651-5653

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Norwood

MLS Listing ID X11993786

Annual Tax Amount $3,888

Tax Year 2024

Property Sub-Type Investment

Lot Front 77.14

Property Description

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer's agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.

Location

Province ON

County Peterborough

Community Norwood

Area Peterborough

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 77.14

Listed by CENTURY 21 INNOVATIVE REALTY INC.

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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