2236 Line 34 Shakespeare, Ontario N0K 1J0
$1,399,000
Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (id:47351)
Property Details
| MLS® Number | 40633539 |
| Property Type | Office |
| AmenitiesNearBy | Schools |
Building
| BasementType | Full |
| ConstructedDate | 2022 |
| ExteriorFinish | Stone, Stucco |
| FoundationType | Poured Concrete |
| StoriesTotal | 3 |
| SizeExterior | 5159.0000 |
| SizeInterior | 5159 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Schools |
| Sewer | Municipal Sewage System |
| SizeFrontage | 103 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27305813/2236-line-34-shakespeare
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September 12 2024 04:17:19
Woodstock-Ingersoll Real Estate Board
The Realty Firm Inc Brokerage