12077 COUNTY ROAD 3 ROAD Winchester, Ontario K0C2K0

$2,690,000

ID# 1130894
IMMEDIATE CASH FLOW ON CLOSING in SEPT 2019 - will be PRE-RENTED BRAND NEW 12-unit BUILDING - TRUE TURN-KEY INVESTMENT - 6.08% cap rate... with PROPERTY MGMT CONTACT AVAILABLE! GROSS INCOME: $212,400 - EXPENSES: $48,656 = NOI of $163,744. Three storeys with elevator - built slab on grade (no basement). Coin operated LAUNDRY is on the main floor. MUNICIPAL WATER AND SEWER. NEW 12 Unit in Winchester, by a reputed builder and investor! Amazing income potential and long term INVESTMENT for decades without worry. Brand new. Possession: September 1 2019. (Income is estimated based upon past projects completed by this builder. WINCHESTER is in NORTH DUNDAS township which is a THRIVING market with a HIGH desire for rentals and POPULATION of 11,654. 51% of this population is over 45 yrs old, and 35% is over 55 years old. There is a lack of good rental housing, great opportunity. Located SOUTH of Ottawa by 35 minute drive. Get in on the GROUND floor before it's too late. Make an offer today!!! (id:25961)

None Radiant heat

Bathroom Total 0
Half Bathrooms Total 0
Year Built 2019
Cooling Type None
Heating Type Radiant heat
Heating Fuel Natural gas
Stories Total 3

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12077 COUNTY ROAD 3 ROAD Winchester, Ontario K0C2K0