894 ADELAIDE ST N new Save Request In-Person Tour Request Virtual Tour
Middlesex,ON N5Y 2M5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision East C
MLS Listing ID X12501830
Style 3-Storey
Bedrooms 11
Annual Tax Amount $10,544
Tax Year 2025
Property Sub-Type Multiplex
Property Description
FULLY RENOVATED 6- UNIT APARTMENT BUILDING + APPROVED DEVELOPMENT SITE. An exceptional investment opportunity in OLD NORTH. This fully renovated six-unit apartment building offers immediate cash flow and future development potential. Existing building features 5 x 2 bedroom + 1 x 1 bedroom. Completley renovated to drywall and floor to ceiling. Luxury contemporary kitchens with quartz countertops, and 3 stainless steel appliances per suite. Luxury baths with full tubs and vanities with quartz countertops. High end light fixtures, tile and flooring throughout suites and common areas. Electric fireplaces in all units. Security controlled entry with video doorbells. New electrical, plumbing, and high eff. boiler system. New eff. windows throughout. Exterior: new sidewalks and asphalt parking lot and driveway. Annual income of approximately $130,000. Turnkey investment - strong rental performance with minimal maintenance. Location benefits- prime location on the edge of Old North. Close to shopping, transit, parks, and school. High demand rental area with long term growth potential. Contact your Agent today to schedule a viewing or request full development plans. This is a rare opportunity to secure a high performing asset with built in expansion potential.
Location
Province ON
County Middlesex
Community East C
Area Middlesex
Rooms
Family Room No
Kitchen 6
Interior
Cooling None
Exterior
Parking Features Private,Other
Pool None
Roof Type Asphalt Shingle
Building
Building Age 51-99
Lot Description Irregular Lot
Foundation Concrete Block
New Construction false