61 Main Street S Uxbridge, Ontario L9P 1J4

7 Bedroom 4 Bathroom 1,100 - 1,500 ft2
Raised Bungalow Baseboard Heaters

$1,099,900

Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of 5.85%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns. (id:47351)

Property Details

MLS® Number N12327088
Property Type Multi-family
Community Name Uxbridge
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 3
Bedrooms Total 7
Amenities Separate Electricity Meters
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Apartment In Basement, Walk Out
Basement Type N/a (finished)
Exterior Finish Vinyl Siding
Flooring Type Ceramic, Hardwood, Vinyl, Laminate
Foundation Type Unknown
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 110 Ft ,4 In
Size Frontage 54 Ft ,7 In
Size Irregular 54.6 X 110.4 Ft
Size Total Text 54.6 X 110.4 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Lower Level Kitchen 3.85 m x 3.13 m
Lower Level Bedroom 5 3.69 m x 3.05 m
Lower Level Bedroom 2.85 m x 2.71 m
Lower Level Living Room Measurements not available
Lower Level Kitchen Measurements not available
Lower Level Bedroom Measurements not available
Lower Level Living Room 4.24 m x 3.78 m
Main Level Foyer Measurements not available
Main Level Living Room 5.27 m x 4.47 m
Main Level Kitchen 3.38 m x 3.35 m
Main Level Primary Bedroom 3.46 m x 2.77 m
Main Level Bedroom 2 3.3 m x 2.7 m
Main Level Living Room 4.39 m x 3.17 m
Main Level Kitchen 4.28 m x 3.1 m
Main Level Bedroom 3 3.3 m x 2.78 m
Main Level Bedroom 4 3.47 m x 2.65 m

https://www.realtor.ca/real-estate/28695892/61-main-street-s-uxbridge-uxbridge