Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of 5.85%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2670 sq. ft. Square Feet
Total Area:
2,670 sq. ft.248 m2
Depth:
110'5"33.7 m
Frontage:
54'7"16.6 m
Lot Shape:
Rectangular
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
R2
Heating type:
Baseboard
Garage:
Single Detached
Parking Spaces:
8
Possession Details:
30-59 days
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$5,236 /
2024
Assessment:
$- /
-
Uxbridge
Uxbridge
Durham
Greenbelt/Conservation, Public Transit
No
NONE
4 Fridges, 4 Stoves, 2 x Hot Water tanks - Building Roof 2024, Garage Roof 2019. SQ.FT above grade according to MPAC 1,435 and lower level is roughly 12 sq.ft. giving it a total Sq.Ft of 2670. Two New (2024) Hot Water Tanks Owned
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