South Huron N0M 1S2
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:C699,900
($498,245)
(€432,508)
Annual Taxes:C2,648
505 Park Ave, New York, NY 10022

Discover a rare investment opportunity with this fully tenanted, five unit mixed use property, delivering strong and consistent cash flow.

Description

Discover a rare investment opportunity with this fully tenanted, five-unit mixed-use property, delivering strong and consistent cash flow. Properties with this level of financial performance are seldom available in Exeter, making it a compelling option for investors seeking stable returns.The main floor features a well-established commercial unit that has remained continuously leased for over 20 years. The ground-floor residential unit is occupied by a reliable long-term tenant, while the three upper-level residential units have been recently renovated. Updates include modern kitchens, refreshed bathrooms, new flooring, and fresh paint throughout.The property has seen significant capital improvements, including a new electrical system with separate hydro panels for each residential unit, updated plumbing, and new energy-efficient windows. A new digitally operated washer and dryer offer added convenience and value for tenants. Ample on-site parking is available at no extra cost.A newer membrane roof provides long-term peace of mind, ensuring low maintenance for years to come. Well-maintained and ready for immediate possession, this property offers an ideal investment with stable income and minimal upkeep.Contact us today for full financial details.

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.