1182 Linbrook Rd Oakville, Ontario L6J 2L4
$3,295,000
Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15,000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of $10,350. The fifth unit would get $2,250. High monthly cash flow from a residential property in this price range. Big lots in Southeast Oakville have appreciated well as they allow for the development of larger homes. As they become more scarce, that trend is likely to continue. Given these units are recently renovated, this is an excellent land-banking opportunity. 5 kitchens worth of appliances. 2 sets of laundry equipment. Split systems for heating/cooling. Window coverings and electric light fixtures. Walk to schools in Morrison. (id:27910)
Property Details
| MLS® Number | W8166604 |
| Property Type | Single Family |
| Community Name | Eastlake |
| Parking Space Total | 6 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Basement Type | Partial |
| Construction Style Attachment | Detached |
| Exterior Finish | Stucco |
| Heating Type | Heat Pump |
| Stories Total | 2 |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 80.03 X 190.24 Ft ; 80.03' X 190.39' X 80.18' X 190.24' |
| Size Total Text | 80.03 X 190.24 Ft ; 80.03' X 190.39' X 80.18' X 190.24' |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 2.84 m | 2.03 m | 2.84 m x 2.03 m |
| Second Level | Dining Room | 2.92 m | 1.47 m | 2.92 m x 1.47 m |
| Second Level | Living Room | 5.16 m | 2.84 m | 5.16 m x 2.84 m |
| Second Level | Bedroom | 3.53 m | 3.33 m | 3.53 m x 3.33 m |
| Second Level | Kitchen | 2.87 m | 2.03 m | 2.87 m x 2.03 m |
| Main Level | Kitchen | 2.74 m | 2.18 m | 2.74 m x 2.18 m |
| Main Level | Living Room | 5.23 m | 3.61 m | 5.23 m x 3.61 m |
| Main Level | Bedroom | 3.63 m | 3.35 m | 3.63 m x 3.35 m |
| Main Level | Kitchen | 2.74 m | 2.03 m | 2.74 m x 2.03 m |
| Main Level | Dining Room | 4.32 m | 3.2 m | 4.32 m x 3.2 m |
| Main Level | Living Room | 2.9 m | 2.77 m | 2.9 m x 2.77 m |
| Main Level | Bedroom | 3.43 m | 3.35 m | 3.43 m x 3.35 m |
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April 03 2024 05:00:24
Toronto Real Estate Board
Century 21 Miller Real Estate Ltd.