Price ChangeFor Sale

61 Main Street S
Uxbridge, Durham, ON, L9P 1J4

Investment
TRREB
MLS® Number: N12327058
$1,049,900List Price
InvestmentProperty Type
2,670 sq ftSize
$5,236 / 2024Taxes (Annual)
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PRICE CHANGED
$1,049,900
Previously Listed For:
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Listing History

Buy/sell history for 61 Main Street S, Uxbridge, ON L9P 1J4

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Description

Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of5.88%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns. Great Investment! Great Investment! 5.88% Cap, if owner does their own snow removal cap rate is 6.36% potential to increase Net Income two ways. Financials Available Upon Request. Call or email for financials.

Features

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Amenities

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Summary

Tax (Annual):$5,236 / 2024
Listing #:N12327058
Property Type:Investment
Size:2,670 sq ft
Land Size:54.56 x 110.43
Days on CPRB:
Garage:Single Detached
Locker:None
On CPRB Since:
Listing Brokerage:SUTTON GROUP-HERITAGE REALTY INC.

Rooms

Details

Property

Property Type:Investment
Community:Uxbridge
Municipality:Durham

Building

Size:2,670 sq ft

Inside

Bedrooms:0
Bathrooms:4
Kitchens:0
Family Room:No

Parking

Garage Type:Single Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard

Land

Cross Street:Main St S & Brock St W

$1,049,900

List price

61 Main Street S, Uxbridge – Investment for sale · MLS® # N12327058 | CPRB