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$1,149,000
Est. payment /mo
7 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East F
MLS Listing ID X12604370
Annual Tax Amount $8,617
Tax Year 2025
Property Sub-Type Investment
Lot Depth 70.0
Lot Front 71.0
Property Description
PRIME LOCATION for an Investment. 6 Apartments suites in core area neighbourhood in a building with character that is always rented. NOTE 3 addresses 758 - 760 William Street & 563 Oxford St E. Driveway off both William and shared off Oxford. This 6-plex consists of 3 one-bedroom suites, 1 one-bedroom + den suite, 1 large studio suite, and 1 Attic two-bedroom suite (with in-suite laundry). Two suites share laundry in the basement. Surface parking for 3 cars (+ a few Blvd spots) and 1 in detached garage. Six electricity meters, one gas meter, one water meter. Five of six tenants pay person-use electricity (including individual A/C splits) with the landlord paying for basement suite. Higher-end Gas fired hot water heating / boiler which efficiently heats the units. Well maintained building and units. A few longer-termed tenants with below market rents. Located on many bus routes (Oxford), within walking distance to shopping & Richmond Row, restaurants, schools and parks. 1 minute walk to transit stop for Routes 04 & 17. Large front porch. and Balcony porches for upper floor tenants. The building is fully leased - Rent Annually is $91,296 including some lower rents. The garage is an added bonus for parking or addition possibility. Great Downtown living in a well-kept Gem.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Zoning OC4 R3-Multi-family Residential and Office
Interior
Cooling Yes
Inclusions 6 Fridges, 6 Stoves, A/C Units. 2 Washers & 2 Dryers
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 71.0
Lot Depth 70.0
Building
Building Age 100+
Others
ParcelsYN No
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Listed by TEAM GLASSER REAL ESTATE BROKERAGE INC.
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