$1,200,000Asking Price
Excellent Investment Opportunity! Rare Opportunity To Acquire A Well-Maintained Four-Unit Multiplex Generating A 6%+ Cap Rate With Quality Tenants In Place. This Well-Maintained Income Property Offers Numerous Upgrades, Separate Hydro Meters For Each Unit, Coin-Operated Laundry For Additional Revenue, Security Cameras And Extensive Outdoor Decking. Ideally Located In Sutton's Growing Lakeside Community, Just Minutes From Shops, Schools, Parks, Grocery Stores, Highway 404, Lake Simcoe And Area Beaches. An Excellent Addition To Any Real Estate Portfolio With Strong Income Potential In A Desirable And Growing Neighbourhood!
Excellent Investment Opportunity! Rare Opportunity To Acquire A Well-Maintained Four-Unit Multiplex Generating A 6%+ Cap Rate With Quality Tenants In Place. This Well-Maintained Income Property Offers Numerous Upgrades, Separate Hydro Meters For Each Unit, Coin-Operated Laundry For Additional Revenue, Security Cameras And Extensive Outdoor Decking. Ideally Located In Sutton's Growing Lakeside Community, Just Minutes From Shops, Schools, Parks, Grocery Stores, Highway 404, Lake Simcoe And Area Beaches. An Excellent Addition To Any Real Estate Portfolio With Strong Income Potential In A Desirable And Growing Neighbourhood!
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 16.60' x 7.84' | Overlooks Frontyard |
| 2 | Kitchen | Main | 18.83' x 11.35' | Large Window |
| 3 4-Piece Bathrooms on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
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Sutton & Jackson's Point, Georgina is a north GTA neighbourhood notable for its singles, renters and business professionals. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 60 to 64 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
44%
of residents are
single and loving it.
44% singles
Georgina (42%)
19%
of residents
are renters.
19% renters
Georgina (16%)
15%
of residents are
university grads.
15% university grads
Georgina (16%)Average Household Income
$96K
is the average household
income in the neighbourhood.
Professions
| Trades | 13% |
| Sales | 12% |
| Business | 10% |
| Government | 7% |
| Management | 7% |
15%
of residents were
born outside of Canada.
15% immigrants
Georgina (14%)2.3% from UK
All-time
0.5% from China
Recent
Foreign Languages
| Russian | 2% |
| French | 1% |
| German | 1% |
| Italian | 1% |
| Portuguese | 1% |
Religions
| Christian | 66% |
| Hindu | 2% |
| Jewish | 1% |