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List Price: $699,900

91 Division Street, Cramahe, K0K 1S0

- By REAL BROKER ONTARIO LTD.
Investment|MLS - #X12048995|New
Bed
Bath
4138 Sqft.
None Garage

Client Remarks

FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.
Property Description

91 Division Street, Cramahe, K0K 1S0

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

4138 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

4138

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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91 Division Street, Cramahe, K0K 1S0
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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