51 Toronto Street S Markdale, ON N0C1H0
Listing Courtesy of: ITSO FRANCHISE / Century 21 Cedar Glen Ltd. Brokerage / Paul McDonald
$2,300,000
12
BED
8
BATH
5,395
SQFT
See Similar Listings

  51 Toronto Street S Markdale, ON N0C1H0

Active (31 Days)

Description

Investors take note! The town of Markdale is home to Canada's largest independent Ice Cream manufacturer and is a thriving area including a soon to be complete new hospital. This property is located near the downtown core in close proximity to plenty of stores, churches and other amenities. This is a previous multi-purposed building; which has undergone a major transformation making this into fully legal residential 8-apartment dwelling. Currently 5 units are rented with 3 more almost ready for occupancy. One of the vacant units is an accessible apartment. Pictures show the quality of workmanship put into the renovation over the past 2 years. Roof was shingled in 2022 with the exception of one smaller area. An extensive list of improvements and upgrades are available. Owners are working to complete a few minor projects allowing for a turnkey investment for the new owners. Projected gross income is $138,300.00 allowing for an approximate 5% cap rate based on asking price.

MLS®:
40252029
Type
Multifamily
County
Grey County
Bathroom Details
Interior Features
  • Stove
  • Refrigerator
  • Dishwasher
  • Hot Water Tank Owned
  • Water Heater Owned
Lot Information
  • Shopping Nearby
  • Place of Worship
  • Major Highway
  • Hospital
  • Highway Access
  • High Traffic Area
  • City Lot
  • Corner Lot
  • Rectangular
  • Urban
Property Features
  • Foundation: Stone
  • Foundation: Slab
  • Foundation: Poured Concrete
Heating and Cooling
  • Heat Pump
  • Natural Gas
  • Forced Air
  • Electric Forced Air
  • Electric
  • Baseboard
  • Other
  • Ductless
  • Central Air
Basement Information
  • Partially Finished
  • Partial
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 14
Stories
  • 2
Living Area
  • 5,395 sqft
Location
Map View | Street View
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Century 21 Canada and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 8/12/22 10:40

CENTURY 21 In-Studio Realty Inc. Brokerage

INFO & SERVICES

CENTURY 21 In-Studio Realty Inc. Brokerage

927 2nd Ave E, Owen Sound, ON N4K2H5

(519) 375-6585

INFO & SERVICES

Find a Home

Careers

Terms & Conditions

Privacy Policy

link to Century 21 Canada's facebook page Link to Century 21 Canada's Twitter page Link to Century 21 Canada's Instagram page link to Century 21 Canada's YouTube page
C21 Canada logo

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.

© 2022 MoxiWorks