LOADING

2236 Line 34 Shakespeare, Ontario N0K 1J0

5159 sqft

$1,399,000

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (id:55009)

Property Details

MLS® Number 40633539
Property Type Office
Amenities Near By Schools

Building

Basement Type Full
Constructed Date 2022
Exterior Finish Stone, Stucco
Foundation Type Poured Concrete
Stories Total 3
Size Exterior 5159.0000
Size Interior 5159 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Frontage 103 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27305813/2236-line-34-shakespeare

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