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$1,499,900
Status: For Sale
Attention investors!! Rarely offered purpose-built Fourplex in Spencerville featuring four individually titled 2-bed, 1.5-bath attached bungalows, each with private garage (inside entry), backyard patio, and full unfinished basements with legal egress windows ideal for adding a third bedroom. All units include stainless steel appliances, stackable in-unit laundry, efficient HVAC systems, and water treatment setups. Open-concept layouts with granite counters and quality finishes throughout. Fully tenanted with strong rental income of $107,952/year and a Net Operating Income of $90,240. Turnkey investment or ideal multi-generational living setup with future resale flexibility. Quiet residential setting just minutes to Highway 416.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12395253 |
| Listing Type | :Sale |
| Property Age | :0-5 Years |
| Possession Date | : |
| Last Updated | :10 Sep, 2025 (85 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Leeds and Grenvi |
|---|---|
| Postal Code | : K0E 1X0 |
| Price | : $1,499,900 |
|---|---|
| Property Taxes | :$10588.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :16 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :416 to Spencerville. Turn right onto highway 44, heading north. Then left onto Center Street. Left on Cook Street, then right onto David Street. |
| Bathrooms | :8 |
|---|---|
| Fuel | :Propane |
| Approx Square Footage | :< 700 sqft |
| Fireplace/Stove | :Yes |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :8 |
| Basement | :Full |
| Garage | :Attached |
|---|
10 Sep, 2025
TREB #X12395253
Listed
$1499900.0
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