Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria – with the best rates and amortizations currently available. Individual electrical meters – tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building’s back windows (2020), Building’s front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let’s book a showing. (id:4069)
| Address |
15 KILLDEER Road |
| List Price |
$1,900,000 |
| Property Type |
Multi-family |
| Area |
Ontario |
| Sub-Area |
Elmira |
| Bedrooms |
12 |
| Bathrooms |
12 |
| Floor Area |
9,600 Sq. Ft. |
| Lot Size |
0.42 Sq. Ft. |
| Year Built |
1973 |
| MLS® Number |
40551877 |
| Listing Brokerage |
Royal LePage Wolle Realty
|
| Basement Area |
Full (Finished) |
| Postal Code |
N3B1X2 |
| Zoning |
R-6 |
| Site Influences |
Place of Worship, Playground, Schools, Shopping |
| Features |
Paved driveway, Laundry- Coin operated |
