This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:61445)
MLS® Number | X12105717 |
Property Type | Multi-family |
ParkingSpaceTotal | 20 |
BathroomTotal | 20 |
BedroomsAboveGround | 36 |
BedroomsTotal | 36 |
HeatingType | Other |
SizeInterior | 0 - 699 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | Yes |
SizeDepth | 395 Ft |
SizeFrontage | 197 Ft |
SizeIrregular | 197 X 395 Ft |
SizeTotalText | 197 X 395 Ft|2 - 4.99 Acres |
https://www.realtor.ca/real-estate/28219103/412-ross-street-huron-kinloss
Contact us for more information
Justin Konikow
Salesperson
Jon Baker
Salesperson
Nolan Edmonds
Salesperson