$799,900
Available - For Sale
Listing ID: X12213803
412 Victoria Stre North , Tweed, K0K 3J0, Hastings
| 412 Victoria Street, Tweed Income Property Opportunity Discover an exceptional investment opportunity in the growing community of Tweed, Ontario, where small-town charm meets everyday convenience. This renovated and well-maintained fourplex blends character, income potential, and practical design ideal for both new and seasoned investors.The property features four spacious two-bedroom units two on the main floor and two on the upper level. Each unit offers well-laid-out living, dining, and kitchen spaces, as well as a private three- or four-piece bathroom. Three of the four units have been fully renovated, boasting modern finishes and brand-new appliances, enhancing tenant appeal and reducing future maintenance. Unit 2, while unrenovated, features a four-piece bathroom with a tub, offering excellent value-add potential.For safety and compliance, the main floor units offer two separate entrances, while the upper-level units include stairway exits. Each tenant is responsible for their own gas (heat), hydro (electricity), and water usage, keeping operating costs low and management simple. Additional features include ample on-site parking and new storage sheds for tenants - an added convenience rarely found in similar properties.Set in a prime location within walking distance to shops, schools, and the scenic Moira River, this fourplex offers the perfect blend of residential ease and rural charm. Located in an amenity-rich neighborhood, it provides stable rental income, low operating costs, and strong long-term potential.Whether you're looking to expand your portfolio or enter the market with a high-performing asset, 412 Victoria Street presents a rare opportunity to invest in a quality property with proven returns. Rental income and operating expense details are available upon request. |
| Price | $799,900 |
| Taxes: | $3601.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 412 Victoria Stre North , Tweed, K0K 3J0, Hastings |
| Postal Code: | K0K 3J0 |
| Province/State: | Hastings |
| Legal Description: | PLAN 12 PT LOTS 62 63 AND 72 PT MILL RES |
| Directions/Cross Streets: | Highway 37 & Bridge Street W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 896.58 |
| Total Area Code: | Square Feet |
| Financial Statement: | T |
| Chattels: | T |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
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| ROYAL LEPAGE PROALLIANCE REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hastings |
| Municipality: | Tweed |
| Neighbourhood: | Tweed (Village) |
| Tax: | $3,601 |
| Fireplace: | N |
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