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Last Updated : 321 Days ago
4930 Road 38, South Frontenac, Ontario,
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4930 Road 38, South Frontenac MLS Number: X6138448

South Frontenac, Frontenac, ON, K0H 1V0

$XXX,XXX

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $2883.58 (Tax Year:2022)
  • Listing Courtesy : Macinnis Realty Inc., Brokerage

4930 Road 38 Property Description

Zoned UC-30 to allow 5 (five) residential units and commercial on main floor. Current layout: 2 x Third Floor Apartments, 2 x Second Floor Apartments, 2 x Main Floor Units (Res/Commercial). Projected Gross Income is a whopping approx. $139,560 with Operating Expenses being very low. Property Taxes only $2,883.53 (annual) in 2022. That's only $241/month. Utilities total approx. $6K/year, insurance approx. $4500/year. The math shows Net Income of approx. $129,000/year. That's approx. $10,750 per month over and above expenses (before mortgage costs or any improvement costs, of course). Cap Rate is approx. 20% with these projections. Property is vacant while improvements in progress. Detailed Property Information Package and Financial Illustration are provided in the document section. Estimates for remaining improvements available upon request.

4930 Road 38 Property Facts

Property Type :Commercial
MLS Number :X6138448
Listing Type :Sale
Possession Date :
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Last Updated :12 Jun, 2023 (321 Days ago)
Area :Frontenac
Postal Code : K0H 1V0
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Source :TRREB

4930 Road 38 Property Price & Tax Insights

Price :$549,900
Property Taxes :$2883.58
Tax Year :2022

Property Details for 4930 Road 38, Frontenac, Ontario

Cross Street :Corner Of Hwy 38 And Rutledge
Fireplace/Stove :No

4930 Road 38, Frontenac - Price History

2023-06

12 Jun, 2023

TREB #X6138448

Available

$549900.0

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About 4930 Road 38, Frontenac

4930 Road 38 is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 4930 Road 38 with a highly strategic location at the K0H 1V0 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.

4930 Road 38 offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X6138448 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 2883.58 and an attractive 549,900 while getting several vibrant benefits at the same time.

This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and K0H 1V0. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and None for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Corner Of Hwy 38 And Rutledge. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.

You can check out several attractive $2,750 available on the 549,900 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $2,750 and other attractive incentives for buying this Commercial in Ontario and at K0H 1V0. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X6138448 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.

Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 4930 Road 38 promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at K0H 1V0 and you will find a value addition at 4930 Road 38 by all means.

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