Welcome to this fantastic income-generating property located in the heart of Walkerton. This versatile building features a commercial space and three residential rental units, offering a well-rounded investment opportunity. Property Highlights: Commercial Space: Currently rented for $600/month, Residential Units: Rear Lower Unit: $650/month, Upper Rear Unit: $589/month, Upper Front Unit: $950/month. Each unit is separately metered for hydro, allowing tenants to manage their electricity costs directly. The landlord covers heat and water, simplifying management. With a total monthly income of $2,789, this property promises steady cash flow and long-term investment potential. Conveniently located near downtown amenities and attracting reliable tenants, this is a rare find in a growing community. Don't miss out on this exceptional opportunity to expand your portfolio or start your investment journey. Contact your Realtor today to schedule a viewing and secure your future in Walkerton real estate! |
Price | $354,900 |
Taxes: | $1456.00 |
Tax Type: | Annual |
Assessment: | $77000 |
Assessment Year: | 2025 |
Occupancy by: | Tenant |
Address: | 309 Durham St East , Brockton, N0G 2V0, Ontario |
Postal Code: | N0G 2V0 |
Province/State: | Ontario |
Legal Description: | PT LT 4 S/S DURHAM RD AND W/S VICTORIA S |
Lot Size: | 14.00 x 153.78 (Feet) |
Directions/Cross Streets: | Durham Street E and Colbourne Street |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 1500.00 |
Total Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | N |
Taxes Expense: | $1456 |
Insurance Expense: | $2500 |
Heat Expenses: | $2749 |
Hydro Expense: | $0 |
Water Expense: | $1019 |
Gross Income/Sales: | $33468 |
Year Expenses: | 7727 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | N |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX Grey Bruce Realty Inc. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Bruce |
Municipality: | Brockton |
Neighbourhood: | Brockton |
Lot Size: | 14.00 x 153.78(Feet) |
Tax: | $1,456 |