INVESTORS - ADD THIS BEAUTY TO YOUR PORTFOLIO!! Welcome to Park Place, a 14-unit building in Morewood. Formerly Morewood Elementary School, the building was converted into 14 apartments in 2010. Extremely well maintained and cared for, the building consists of 2 bachelors, 11-one bedroom and one handicapped unit. Interior was completely redone between 2011-2014. Updates include laminate flooring throughout all units, kitchens, walk-in closets, ceramic tiles and electric fireplaces in some units. 2012 - Electrical/Plumbing/Fire Alarm System; 2018 - Gas Boiler/Chlorine Injection System; 2020 - Two Roof Top Heat Pumps-AC/Two 75 gal HWTs; and 2023 - Two Septic Pumps. Most units have 9 ft ceilings and open-concept living. Large bathrooms and bedrooms with walk-in closets. Excellent tenants that always pay on time. NEVER A VACANCY and ON-SITE CARETAKER. 30 minutes to St Laurent Shopping Centre, 21 minutes to the Amazon warehouse. Book a showing today. |
Price | $1,650,000 |
Taxes: | $8304.00 |
Occupancy by: | Tenant |
Address: | 23 MOFFAT St , North Dundas, K0A 1R0, Ontario |
Postal Code: | K0A 1R0 |
Province/State: | Ontario |
Legal Description: | PT LT 19 RCP 98 EXCEPT PT 1, 2, 4, 5, 6 |
Lot Size: | 149.81 x 843.23 (Feet) |
Directions/Cross Streets: | Bank St south, left to Reg Rd 13 (past Harmony) to Morewood, right on Reg Rd 7 (Moffatt St), propert |
Category: | Apartment |
Use: | Apts-13 To 20 Units |
Building Percentage: | Y |
Total Area: | 2.90 |
Total Area Code: | Acres |
Franchise: | N |
Insurance Expense: | $10785 |
Water Expense: | $0 |
Gross Income/Sales: | $160590 |
Operating Expenses: | $60595 |
Net Income Before Debt: | $99995 |
Year Expenses: | 2023 |
Expenses Actual/Estimated: | $Act |
Sprinklers: | Y |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Part |
Sewers: | Septic |
Water: | Well |
Water Supply Types: | Drilled Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS INTEGRITY REALTY |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Stormont, Dundas and Glengarry |
Municipality: | North Dundas |
Neighbourhood: | 707 - North Dundas (Winchester) Twp |
Lot Size: | 149.81 x 843.23(Feet) |
Tax: | $8,304 |