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Scott McCaffrey

RealtorYYC - Real Broker

scott@realtoryyc.com +1(403) 830-4111

$ 899,900

Est. payment -/mo

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91 DIVISION STREET Cramahe (colborne), ON K0K1S0

8 Beds

5 Baths

3,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $257

Subdivision Colborne

MLS® Listing ID X12084300

Bedrooms 8

Half Baths 1

Originating Board Central Lakes Association of REALTORS®

Property Sub-Type Freehold

Property Description

FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 4.63 m X 2.41 m Bedroom

Extra Room 2 Second level 4.03 m X 3.61 m Bedroom

Extra Room 3 Second level 4.56 m X 2.86 m Bedroom

Extra Room 4 Second level 3.43 m X 2.36 m Bedroom

Extra Room 5 Third level 7.2 m X 4.16 m Primary Bedroom

Extra Room 6 Third level 5.68 m X 2.99 m Primary Bedroom

Interior

Heating Forced air

Flooring Laminate, Carpeted

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Septic System

Others

Ownership Freehold

Virtual Tour https://www.dropbox.com/scl/fi/c2vcyneuosg5xelflq32t/91Div.mp4?rlkey=m6hk4a7y504i8bolr7p9dw78p&st=xk6bv3pb&dl=0

Listed by REAL BROKER ONTARIO LTD.

Scott McCaffrey

Agent | License ID: scottmccaffrey

+1(403) 830-4111

Scott McCaffrey

91 DIVISION STREET Cramahe (colborne), ON K0K1S0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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91 DIVISION STREET