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Est. payment | -/mo

9 Beds

5 Baths

Save

Est. payment | -/mo

Save

9 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Springford

MLS Listing ID X13860628

Style 2-Storey

Bedrooms 9

Annual Tax Amount $4,939

Tax Year 2025

Property Sub-Type Multiplex

Property Description

A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow.Rent roll and financial information available upon request to qualified buyers.

Location

Province ON

County Oxford

Area Oxford

Zoning V

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 5

Interior

Interior Features None

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Natural Gas

Exterior

Exterior Feature Patio, Deck

Parking Features Available, Lane, Other

Pool None

Roof Type Metal

Lot Frontage 126.78

Lot Depth 194.0

Total Parking Spaces 9

Building

Foundation Concrete Block, Stone, Concrete

Others

Senior Community No

ParcelsYN No

Listed by Wiltshire Realty Inc. Brokerage

Schools and Properties Nearby

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407 Main ST E Norwich, ON N0J 1X0