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$3,690,000
Available - For Sale
Listing ID: W10432966
This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands
Price $3,690,000
Taxes: $20,910.66
Tax Type: Annual
Occupancy by: Tenant
Address: 169 Maurice Dr , Oakville, L6K 2W8, Ontario
Postal Code: L6K 2W8
Province/State: Ontario
Legal Description: PT LT 4, PL 195, PTS 4 & 5, 20R18494. T
Lot Size: 116.21 x 91.04 (Feet)
Directions/Cross Streets: REBECCA AND DORVAL
Zoning: RESIDENTIAL
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 988
Total Area Code:  Sq Metres
Approximatly Age: 51-99
Financial Statement: N
Chattels: Y
Taxes Expense: $20911
Insurance Expense: $5308
Maintenance: 1,440
 Heat Expenses: $9136
 Hydro Expense:  $6775
Gross Income/Sales: $187777
Operating Expenses: $43570
Net Income Before Debt: $144208
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Sprinklers: N
Rail: N
Heat Type: Gas Hot Water
Central Air Conditioning: N
Elevator Lift: None
Sewers: Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/RESPONSE REALTY INC.

169 Maurice Dr , Oakville, L6K 2W8, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Halton
Municipality: Oakville
Neighbourhood: Old Oakville
Style:
Lot Size: 116.21 x 91.04(Feet)
Approximate Age: 51-99
Tax: $20,910.66
Maintenance Fee: $1,440
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908