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$1,724,900
Available - For Sale
Listing ID: X12061421
An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.
Price $1,724,900
Taxes: $4,385.01
Occupancy by: Tenant
Address: 504 Andrew Stre , Shelburne, L9V 2Z1, Dufferin
Directions/Cross Streets: Main Street East & Dufferin Street
Rooms: 16
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Finished
Full
No. of Pieces Level
Washroom 1 4 Upper
Washroom 2 4 Lower
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Upper
Washroom 7 4 Lower
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Fourplex
Style: Bungalow-Raised
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 7
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Shed
Approximatly Age: 31-50
Approximatly Square Footage: 1500-2000
Property Features: School
Place Of Worship
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE RCR REALTY

504 Andrew Stre , Shelburne, L9V 2Z1, Dufferin

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Fourplex
Area: Dufferin
Municipality: Shelburne
Neighbourhood: Shelburne
Style: Bungalow-Raised
Lot Size: x 150.00(Feet)
Approximate Age: 31-50
Tax: $4,385.01
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949