ON > Palmerston
Palmerston, ON N0G 2P0,210 York Street
Palmerston, ON N0G 2P0,210 York Street
Palmerston, ON N0G 2P0,210 York Street
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$850,000
Est. payment /mo
6 Beds
5 Baths
4,243 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,243 sqft

Price per Sqft $200

MLS Listing ID 40765489

Bedrooms 6

Abv Grd Liv Area 4,243

Annual Tax Amount $5,392

Property Sub-Type Multi-5 Unit

Source Cornerstone

Lot Depth 132.0

Lot Front 72.0

Property Description

Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was rented out in 2024 at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!

Location

Province ON

County Wellington

Area Minto

Zoning MU2

Direction York and Main St

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Other

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 72.0

Lot Depth 132.0

Garage No

Building

Lot Description Park, Place of Worship, Schools, Shopping Nearby

Faces York and Main St

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Stucco

New Construction No

Others

Senior Community false

Tax ID 710400030

Ownership Freehold/None

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Listed by RIGHT AT HOME REALTY BROKERAGE

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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