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$4,350,000
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MLS® Number: X5160046

Listing Description

Opportunity To Purchase A Large Fully Leased &Licensed Retirement Residence In Sw Ontario. With Over 19000 Sqft Of Space & 39 Rooms. High Income Opportunity With Over 9% Cap Rate, Turnkey &Highly Profitable Operation. The Current Owners Have Spent Hundreds Of Thousands On Mechanical Updates That Include; Hvac, Sprinkler System, Updated Rms, Updated Common Areas, Updated Kitchen And Medial Areas, New Exterior Stucco, Windows, New Accessibility Entrance**** EXTRAS **** Door Along With Other Numerous Updates. Building Features:19000+ Sq Ft, Exterior Parking, Well Maintained &Updated Mechanicals, Sprinkler System, Newer Roof, 400 Amp 600 V (9035857)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Simcoe
Land Size
113.91 x 179.78 FT ; Irregular Lot 22,647 Sq Ft Or .520 Acres
Annual Property Taxes
$6,400
Time on REALTOR.ca
1391 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway

Measurements

Square Footage
19600 sqft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
IAN WILSON
Salesperson
416-236-1871
Email
Book showing
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Brokerage
3031 BLOOR ST. W.
TORONTO, Ontario M8X1C5
416-236-1871
416-239-5493
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Brokerage
416-236-1871
416-239-5493
IAN WILSON