South Glengarry K0C 1A0

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C699,000
($503,378)
(€428,319)
Annual Taxes:C6,208
505 Park Ave, New York, NY 10022

Description

ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 10.1%!! One of the lower paying tenants is moving out on July 1st so that will increase the cap rate.There are two residential properties and a garage located on 3.5 acres. The main unit is a 2-storey house that has four apartments. The second building is home to three apartments. A garage is rented to one of the apartment tenants. All units have tenants and require a minimum of 24 hours' notice for showings. This property is less than ten minutes to Alexandria and has easy access to both the 401 and the 417 highways. The Net Operating Income is $70,418.

ATTENTION INVESTERS ! ! Unique opportunity awaits you just outside the village of Green Valley.


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.