8867 Mckinnon Road, Essa, ON L3W 0V9

$1,199,000
7
BD
5
BA
2,500
SqFt

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List Price
$1,199,000
Price Change
▼ $50,000 1789513598
MLS#
N13687672
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
7
Bathrooms
5
Living Area
2500-3000
Province
ON
Municipality
Essa
Area
Simcoe
Neighborhood
Angus
Subdivision
Mill St/Mckinnon Rd

Property Description

Outstanding investment or multi-generational opportunity in the booming town of Angus! This turnkey, all-brick, legal non-conforming 5-plex is fully tenanted on a month-to-month basis with excellent inclusive rents already in place. The property offers a versatile unit mix featuring three bachelor suites, one spacious 1-bedroom plus den apartment, and an expansive 3-bedroom unit. Lower level laundry room and massive utility space ideal for extra storage or workshop area. Built to last, the building features a durable metal roof, a double detached garage equipped with hydro, and ample parking for all occupants. Utility systems include a single hydro meter, shared Rogers Wi-Fi internet, and propane service powering four kitchen stoves and the hot water heater. Situated in a highly convenient location directly on a public transit route, tenants are within walking distance to local shopping and the picturesque Nottawasaga River, alongside a quick drive to Canadian Forces Base Borden, Alliston, and Barrie. Positioned in a high-demand growth corridor, this property also offers significant future upside with the potential for commercial rezoning.

Additional Information

Taxes
$3,685
Water
Drilled Well
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
5
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
16
Parking Type
Available, Private

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Listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY.