
Cavan Monaghan, ON L0A 1G0
A rare opportunity to acquire a well-maintained Legal 4-plex investment property in the heart of Millbrook-offering small-town charm with the convenience of nearby urban amenities. This turn-key, cash-flowing building has been thoughtfully updated over the past several years, including a newer HVAC system, roof, and exterior doors, giving the property a clean, modern look and reducing future capital expenses. Due to the large sized double lot, future expansion or a severance is a possibility. The building features 2 spacious 2-bedroom units, and 2 one bedroom units, each with parking for two vehicles-a highly desirable and uncommon benefit for tenants in this area. Each unit boasts a private deck and outside sitting area as well. The building showcases generous windows throughout, the property that allows natural light to enhancing both the aesthetic and the overall sense of space. With extremely low vacancy rates in Millbrook and strong rental demand, this property is an excellent fit for investors looking to expand their portfolio or increase passive income with a stable, income-producing asset
TRREB MLS® Attribution
MLS® X13103842
Listed by ROYAL HERITAGE REALTY LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,906
/month · $639,920 mortgage
Amortization
Total Interest
$531,885
Total Cost
$1,171,805
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL HERITAGE REALTY LTD.