133 WELLINGTON STREET EAST Street, Mount Forest, Ontario N0G2L2

  • $1,950,000
133 WELLINGTON STREET EAST Street, Mount Forest, Ontario N0G2L2
For Sale
133 WELLINGTON STREET EAST Street, Mount Forest, Ontario N0G2L2
  • $1,950,000

Overview

Property ID: 2630140
  • Multi-family
  • Property Type
  • 18
  • Bedrooms
  • 12
  • Bathrooms
  • 6
  • Garages

Description

Welcome to the well maintained and renovated 12-plex in Mount Forest, where each unit is separately metered, opportunities like this don’t come up often, Over the past decade, extensive renovations have transformed this property into a modern haven while retaining its timeless charm. Enjoy the convenience of backing onto public parking and being steps away from shops, building has high tenant satisfaction. With exceptional returns grossing just under 160K per year and growth potential, this investment opportunity stands out, Additionally, the current management company is willing to continue management, ensuring a smooth transition for the new owner. Don’t miss this rare chance to be part of such a thriving venture! (id:56724)

Details

Updated on May 29, 2024 at 11:51 pm
  • Property ID: 2630140
  • Price: $1,950,000
  • Bedrooms: 18
  • Bathrooms: 12
  • Garages: 6
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40573568
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Baseboard heaters
  • Stories: 2
  • Basement: Unfinished,Partial
  • Directions: East off HWY 6 Property on the left
  • Lot Features: Laundry- Coin operated
  • Water Source: Municipal water
  • Parking Total: 6
  • Common Interest: Freehold
  • Tax Annual Amount: 15207.76
  • Foundation Details: Block
  • Zoning Description: C1
  • Number Of Units Total: 12
  • Address 133 WELLINGTON STREET EAST Street
  • City Mount Forest
  • Province Ontario
  • Postal Code N0G2L2
  • Area 72 - Mount Forest
  • Country Canada

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  • Jenny Domingos