9 Bedrooms

9 Bathrooms

5,000 - 100,000 sqft Interior

6 Parking spaces

191 Ft ; 1 Lot size

34 days ago Listed

Wall Unit Radiant Heat Landscaped

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About this home

A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find! (id:28469)

Facts & features

Property

MLS® Number: X13803610
Property Type: Multi-family
Community Name: 711 - North Stormont (Finch) Twp
Amenities Near By: Park, Place Of Worship, Schools
Community Features: Community Centre, School Bus
Parking Space Total: 6
Structure: Patio(s)

Building

Bathroom Total: 9
Bedrooms Above Ground: 9
Bedrooms Total: 9
Basement Type: None
Cooling Type: Wall Unit
Exterior Finish: Stone
Foundation Type: Poured Concrete
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Size Interior: 5,000 - 100,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

Other: —
No Garage: —

Land

Acreage: No
Land Amenities: Park, Place Of Worship, Schools
Landscape Features: Landscaped
Sewer: Sanitary Sewer
Size Frontage: 191 Ft
Size Irregular: 191 Ft ; 1
Size Total Text: 191 Ft ; 1
Zoning Description: Residential

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $7,036/mo
Ontario land transfer tax: $28,255 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The North Stormont (Finch) Twp market

52 Active listings

$587,450 Median asking price

170% above median This home

24 days Avg. time on market

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Location

38-40 Queen Street, North Stormont, Ontario K0A 1R0 · Get directions

38-40 Queen Street