183 Maurice Dr, Oakville, ON L6K 2W8

183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118.5' x 90.29' lot in Oakville. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: * 12 Residential Suites * 6 x Two-Bedroom Suites * 6 x One-Bedroom Suites * Approximately $215,000 Net Income * 16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout * Numerous custom kitchens featuring quartz countertops and stainless-steel appliances * Numerous Modernized bathrooms * 3/4-inch solid oak hardwood flooring in many living areas and bedrooms * Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118.5' x 90.29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth. (id:51075)