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36 VICTORIA STREET Asphodel-Norwood
  • 36 VICTORIA STREET Asphodel-Norwood
  • 36 VICTORIA STREET Asphodel-Norwood

36 VICTORIA STREET, Asphodel-Norwood, Ontario

$1,299,000

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for constructing another residential building that would mirror the existing structure. Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment. (id:23309)

  • Listing ID: X11993786
  • Property Type: Multi-family
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Details

  • Transaction: For sale
  • Zoning Description: R3

Building

  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Electric
  • Size Interior: 0.75 ac
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 77 ft ,1 in
  • Size Irregular: 77.14 FT
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Listing provided by CENTURY 21 INNOVATIVE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 36 VICTORIA STREET in Asphodel-Norwood Ontario. It was last modified on February 28th, 2025. Contact Peter Guzzo to schedule a viewing or to discover other Asphodel-Norwood real estate for sale.

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