- /
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,900
Est. payment | /mo
8 Beds
4 Baths
$ 799,900
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Cannington
MLS Listing ID N13445662
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,408
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Discover an exceptional investment opportunity in the charming community of Cannington. This well-maintained four-plex offers the perfect blend of immediate cash flow and future upside potential, featuring four bright and spacious 2-bedroom apartments, all occupied by reliable long-term tenants. Ideally situated on full municipal services and directly across from a beautiful nature trail, this property offers tenants a peaceful setting with the convenience of town living. Pride of ownership is evident throughout, with valuable features including four separate hydro meters, four water heaters, and four private garden sheds for added tenant convenience. A turnkey investment with all four units fully rented, currently generating $3010.00 per month in rental income. Tenants pay their own utilities, with only one unit including water costs, helping keep operating expenses manageable. With cosmetic updates or renovations, there is excellent potential to significantly increase rental income and maximize returns over time. Whether you're looking to expand your portfolio or secure a solid income-producing property with future growth potential, this four-plex presents an outstanding opportunity in a welcoming small-town setting.
Location
Province ON
County Durham
Area Durham
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 115.0
Total Parking Spaces 10
Building
Foundation Unknown
Others
ParcelsYN No
Virtual Tour https://drive.google.com/file/d/1fwlv9Vszm9eYK6VGWJ76EukIaJL216LC/view?usp=drivesdk
Listed by REALTY ONE GROUP REVEAL