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$ 1,424,900
Est. payment | /mo
13 Beds
6 Baths
3,000 SqFt
$ 1,424,900
Est. payment | /mo
13 Beds
6 Baths
3,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000 - 3500
Square Footage 3,000 sqft
Price per Sqft $474
Subdivision Bradford
MLS® Listing ID N13474990
Bedrooms 13
Property Description
Turn-key six-unit investment property in the heart of Bradford West Gwillimbury, offering approximately $88,000 in-place NOI with a clear path to roughly $110,000 - about a 25% lift - as two below-market suites turn over to market. One 3-bedroom and five 2-bedroom apartments, five of six fully modernized within the last three years to contemporary standards.Significant recent capital investment: renovated suites, newly re-done driveway and retaining wall, and full fire-code compliance - a stabilized, low-management holding for a passive investor. On-site coin laundry provides ancillary income, and the oversized lot delivers parking for 8+ vehicles, a rare and valuable feature for a multi-residential asset of this size.Walking distance to the Barrie GO line for direct rail to Union Station, and to downtown Bradford's shops, restaurants and everyday amenities. Positioned on the Highway 400 corridor between Vaughan and Barrie in one of Simcoe County's fastest-growing communities, where sustained population growth and roughly 3% area vacancy continue to drive rental demand.A broad-appeal suite mix that supports stable income through the cycle, paired with genuine turnover upside - an efficient, well-improved opportunity for investors seeking in-place yield plus a defined growth path in the northern GTA rental market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Basement 3 m X 4 m Bedroom
Extra Room 2 Main level 3 m X 4 m Bedroom
Extra Room 3 Upper Level 3 m X 4 m Bedroom
Interior
Heating Forced air
Cooling Window air conditioner
Flooring Hardwood, Laminate
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by VANGUARD REALTY BROKERAGE CORP.
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