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$2,299,000
Status: For Sale
Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :S12994258 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :04 May, 2026 (139 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L3V 4J1
|
| Price | : $2,299,000 |
|---|---|
| Property Taxes | :$10733.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :8 + 4 |
|---|---|
| No. of Rooms | :12 |
| Air Conditioning | :Wall Unit(s) |
| Heating | :Baseboard |
| Cross Street | :Canice/Borland |
| Bathrooms | :7 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :3500-5000 sqft |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :8 |
| Basement | :Apartment |
| Laundry Level | :Lower Level |
|---|
14 Apr, 2026
TREB #S12994258
Listed
$2299000.0
