4 Beds 4 Bath

61 Main Street S, Uxbridge, ON L9P 1J4

Uxbridge L9P 1J4 Ontario

MLS: N12327088

$1,099,900

Added 20 hours ago | For Sale

Listed by: SUTTON GROUP-HERITAGE REALTY INC.

About Property

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. Great Investment! 5.56% Cap, potential to increase Net Income two ways. Financials Available Upon Request. Unit 3 now vacant as of Sept 1st.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 54.56 X 110.43
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Main St S & Brock St W
  • Basement:Finished with Walk-Out,Apartment , Finished with Walk-Out,Apartment
  • Possession Date:
  • Annual Property taxes: $5236
  • Bedrooms:4 +3
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:N12327088

Level Type Features Dimensions
NaN ft x NaN ft
Main Foyer 0 ft x 0 ft
Living Room Hardwood Floor 17 ft, 3 in x 14 ft, 8 in
Kitchen Ceramic Floor 11 ft, 1 in x 11 ft
Primary Bedroom Hardwood Floor 11 ft, 4 in x 9 ft, 1 in
Bedroom 2 Hardwood Floor 10 ft, 10 in x 8 ft, 10 in
Living Room Vinyl Floor 14 ft, 5 in x 10 ft, 5 in
Kitchen Vinyl Floor 14 ft, 1 in x 10 ft, 2 in
Bedroom 3 Vinyl Floor 10 ft, 10 in x 9 ft, 1 in
Bedroom 4 Vinyl Floor 11 ft, 5 in x 8 ft, 8 in
Lower Living Room Laminate 13 ft, 11 in x 12 ft, 5 in
Kitchen Ceramic Floor 12 ft, 8 in x 10 ft, 3 in
Bedroom 5 Vinyl Floor 12 ft, 1 in x 10 ft
Bedroom Laminate 9 ft, 4 in x 8 ft, 11 in
Living Room 0 ft x 0 ft
Kitchen 0 ft x 0 ft
Bedroom 0 ft x 0 ft

No property rooms available.

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.