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$699,900
Est. payment /mo
4 Beds
5 Baths
2,210 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $316
Subdivision 2041 - Terrace Hill
MLS® Listing ID 40628211
Bedrooms 4
Originating Board The Oakville, Milton & District Real Estate Board
Year Built 1890
Lot Size 0.566 Acres
Acres 24654.96
Property Description
Welcome to 165 Sydenham St – a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (3) three of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity. (id:24570)
Location
Province ON
Interior
Heating Forced air, Radiant heat
Cooling Central air conditioning
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold