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2236 Line 34 Shakespeare, Ontario N0K 1J0

6 Bedroom 4 Bathroom 5159 sqft
Central Air Conditioning Forced Air

$1,399,000

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (id:17537)

Property Details

MLS® Number 40632739
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Place Of Worship, Playground, Schools, Shopping
Community Features Community Centre
Parking Space Total 10

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Constructed Date 2022
Cooling Type Central Air Conditioning
Exterior Finish Stone, Stucco
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 5159 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Golf Nearby, Park, Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 103 Ft
Size Total Text Under 1/2 Acre
Zoning Description C-1

https://www.realtor.ca/real-estate/27305814/2236-line-34-shakespeare

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Kyle Ward
Broker

(226) 929-8945

The Realty Firm Inc Brokerage
35 Wellington St. N. Unit 202
Woodstock, Ontario N4S 6P4

(519) 539-8500

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