504 Andrew Street, Shelburne, ON L9V 2Z1 (Main Street East & Dufferin Street)

Price : $1,699,999.00 , MLS®# : X13112900

Description

Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.

Location Description

Main Street East & Dufferin Street

Property Details
  • Community: Shelburne
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 8
  • Bath: 4
  • Garages: None
  • Annual Property Taxes : $ 4585
Building Features
  • Foundation Type: Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 7
  • Parking Type : None
Building Features
  • Heating : BaseboardElectric
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 60 sq.ft
  • Land Depth: 150sq.ft

Listing Contracted With: ROYAL LEPAGE RCR REALTY