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 of 5.88%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! 5.88% Cap, potential to increase Net Income two ways. Financials Available Upon Request. If owner does their own snow removal net income will increase and cap rate would be 6.61%. Call or email for financials.
TREB #N9395347
Feb 2, 2025
Delisted
—
Nov 1, 2024
Listed
$1,150,000
Nov 1, 2024
Delisted
—
Oct 27, 2024
Price Changed
$1,150,000
Oct 15, 2024
Listed
$1,200,000
+45
Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity, this 4plex has been a multiplex for decades. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three recently renovated units and one 2-bedroom unit in very good shape, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Interior Pictures are of Unit 1, 3 and 4. Financials are available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments. Building Roof 2024, Garage Roof 2019. Two New (2024) Hot Water Tanks Owned
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
Region
Durham Region
Parking Spaces
—
Basement
—
Accessible
—
Maintenance Fees
—
Garage
—
Features
—
Last updated by owner on Aug 9, 2023.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Durham Region
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.5km
Joseph Gould Public School
Public, JK-8 • Assigned
0.5km
Uxbridge Secondary School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Sell confidently with a local market expert in Uxbridge. 3 minutes to get started.
Nearby similar homes
Sorry, we don't have any nearby similar homes to display. See all homes for sale in Uxbridge