15 Elm Street Asphodel-Norwood, Ontario K0L 2W0

1.89 Acres
Forced Air

$1,099,000

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating opportunity. Ideally located near amenities, schools, and public transportation, the property consists of four spacious 2-bedroom units and two 1-bedroom units. Tenants are responsible for their own electric heating, reducing utility costs for the owner. The building features on-site laundry facilities, four lockers designated for the 2-bedroom units, and additional in-unit storage for one of the 1-bedroom apartments. With surface parking available, the property boasts 12 parking spots for tenant convenience. Additionally, the building offers renovation potential, enhancing both rental income and long-term appreciation in this developing neighborhood. (id:51737)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11993735
Property Type Multi-family
Community Name Norwood

Building

Appliances Window Coverings
Heating Fuel Electric
Heating Type Forced Air
Size Interior 1.89 Acres
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 117 Ft ,6 In
Size Frontage 150 Ft
Size Irregular 150 X 117.54 Ft
Size Total Text 150 X 117.54 Ft
Zoning Description R3

https://www.realtor.ca/real-estate/27965347/15-elm-street-asphodel-norwood-norwood-norwood

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