36 Shedden Street Brock, Ontario L0E 1E0

8 Bedroom 4 Bathroom 2,000 - 2,500 sqft
None Baseboard Heaters

$799,900

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. 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. (id:47351)

Property Details

MLS® Number N13445662
Property Type Multi-family
Community Name Cannington
Parking Space Total 10

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Heating Controls
Appliances Stove, Water Heater, Refrigerator
Basement Type Crawl Space
Cooling Type None
Exterior Finish Vinyl Siding
Flooring Type Laminate, Carpeted
Foundation Type Unknown
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 115 Ft
Size Frontage 66 Ft
Size Irregular 66 X 115 Ft
Size Total Text 66 X 115 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 4.54 m x 2.43 m
Second Level Bedroom 2 3.47 m x 2.74 m
Second Level Living Room 5.79 m x 3.77 m
Second Level Kitchen 2.31 m x 2.74 m
Second Level Bedroom 4.45 m x 3.35 m
Second Level Bedroom 2 3.65 m x 2.83 m
Second Level Sunroom 4.57 m x 2.19 m
Second Level Living Room 4.57 m x 3.2 m
Second Level Kitchen 6.09 m x 2.13 m
Main Level Living Room 4.26 m x 3.95 m
Main Level Kitchen 4.45 m x 3.35 m
Main Level Bedroom 3.65 m x 3.35 m
Main Level Bedroom 2 3.44 m x 2.83 m
Main Level Living Room 4.87 m x 3.35 m
Main Level Kitchen 4.26 m x 3.35 m
Main Level Bedroom 3.65 m x 2.13 m
Main Level Bedroom 2 3.04 m x 2.43 m

https://www.realtor.ca/real-estate/29904510/36-shedden-street-brock-cannington-cannington