91 Division St

For Sale 38 Days
$875,000
8 beds
5 baths

91 Division St

For Sale 38 Days
$875,000
8 beds
5 baths

Highlights

Key insights

Description

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. (id:55581)

MARLENE BOYLE of REAL BROKER ONTARIO LTD.,
#X12313799
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Septic system
Exterior
  • # total stories
    2
  • # parking spaces
    4
Interior
  • # full baths
    4
  • # half baths
    1
  • # total bathrooms
    5.0
  • # of above grade bedrooms
    8
  • Flooring
    Laminate, carpeted
Location
  • Subdivision
    Colborne
  • Directions
    2163549
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12313799
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Bedroom
    4.56m X 2.86m
    Level: 2nd
  • Bedroom
    4.63m X 2.41m
    Level: 2nd
  • Bedroom
    4.03m X 3.61m
    Level: 2nd
  • Bedroom
    3.43m X 2.36m
    Level: 2nd
  • Primary bedroom
    5.68m X 2.99m
    Level: 3rd
  • Primary bedroom
    7.2m X 4.16m
    Level: 3rd
  • Bedroom
    3.83m X 3.69m
    Level: Main
  • Kitchen
    3.46m X 2.38m
    Level: Main
  • Dining room
    4.93m X 1.84m
    Level: Main
  • Living room
    5.1m X 4.09m
    Level: Main
  • Living room
    4.91m X 4.81m
    Level: Main
  • Living room
    5.12m X 4.8m
    Level: Main
  • Living room
    4.93m X 4.7m
    Level: Main
  • Den
    5.16m X 3.22m
    Level: Main
  • Kitchen
    5.11m X 2.8m
    Level: Main
  • Kitchen
    4.89m X 3.58m
    Level: Main
  • Kitchen
    4.05m X 2.85m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28667001/91-division-street-cramahe-colborne-colborne
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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25 Years fixed, 20% down payment, % interest
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