This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:4069)
Address
412 ROSS STREET
List Price
$3,499,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Huron Kinloss
Bedrooms
36
Bathrooms
20
Lot Size
197 x 395 FT Ac.
MLS® Number
X12105717
Listing Brokerage
PRIME REAL ESTATE BROKERAGE
Postal Code
N0G2H0
