348 Durham St E Brockton, Ontario N0G 2V0
$775,000
Are you looking for an investment opportunity that offers immediate cashflow and a solid return on investment? Look no further than this stunning, fully renovated mix-use building in the heart of beautiful Walkerton's main street, a short distance from Bruce Powerplant. Featuring a commercial unit and two spacious two bedroom residential units (one can easily be converted back to a 3 bedroom unit), this property is the perfect blend of versatility and profitability. The commercial unit features a busy restaurant that has a high volume of foot traffic and take-out business. With a 7 cap rate, you can expect a healthy return on your investment, and with its passive income stream, you'll be able to sit back and watch your investment grow. Cashflow positive from day one, this fully renovated multi-use building is a smart investment choice for anyone looking to expand their portfolio or start generating passive income. Save your hammer for another project! (id:47988)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X5997032 |
| Property Type | Multi-family |
Building
| Bathroom Total | 5 |
| Cooling Type | Partially Air Conditioned |
| Size Interior | 3915 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 25.99 X 150.56 Ft |
| Size Total Text | 25.99 X 150.56 Ft |
https://www.realtor.ca/real-estate/25590902/348-durham-st-e-brockton
Rajeev Cherian
Sales Representative
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July 11 2023 07:56:59
Toronto Real Estate Board
Ipro Realty Ltd.
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