504 Andrew Street , Shelburne ON L9V 2Z1

Sale $1,724,900  | 
Listing # X12061424
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Peter Ferragine

Peter Ferragine

Sales Representative

Phone: 905.775.5557
Fax: 905.775.9075
Mobile: 905.716.3177

peter@theferragineteam.com
www.theferragineteam.com

Royal LePage RCR Realty, Brokerage (Independently owned and operated)

Brokerage

17360 YONGE STREET
NEWMARKET,  ON L3Y7R6

Remarks:

An outstanding investment opportunity for a 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 unit features 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, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.
Inclusions:  4 refrigerators, 4 stoves, 4 sets of washer/dryer, 4 hot water heaters

Commercial

Neighbourhood:
Annual Tax Amount: $4,385.01
Lot Frontage: 60 Feet
Lot Depth: 150 Feet
Bathrooms (Total): 4

Property Features:

Approximate Age: 31-50
Business Type: Apts - 2 To 5 Units
Cooling: Yes
Garage Type: None
Heat Type: Baseboard
Property Use: Apartment
Utilities: Yes
Water: Municipal