12075 MAIN STREET W

Multi-family For Sale in Winchester, Ontario

$2,690,000

Attention Investors! BRAND NEW, 3-STOREY, 12 UNIT BUILDING. Under Construction, built by a PREMIUM BUILDER with a successful portfolio. Immediate CASH FLOW with an estimated 5.8% CAP RATE. COMPLETION expected Feb 1, 2020. Conveniently located in the growing town of Winchester just south of Ottawa, 2KM from Hospital. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 12 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 22 PARKING SPOTS incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place & existing contract can be assumed. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to grocery stores, shopping, & hospital. Income and expenses are estimated as the building is yet to be completed and operational. OWN THIS BRAND NEW ASSET TODAY! (id:4069)

Address 12075 MAIN STREET W
List Price 2,690,000
Property Type Multi-family
Area Ontario
Sub-Area Winchester
Lot Size 100 ft X 220 ft Sq. Ft.
Year Built 2019
MLS® Number 1168085
Listing Brokerage CAPITAL HOMES REALTY INC.
Postal Code K0C2K0

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Wellington St Partners

Capital Homes Realty, Inc.

Office: Kate: (613) 852-7070

Toll Free: Steve: (613) 863-8794

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