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2236 LINE 34
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2236 LINE 34 $1,399,000
$1,399,000
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2236 LINE 34
Shakespeare, Ontario N0K1J0

MLS® Number: 40632739
6
Bedrooms
4
Bathrooms
5159
Square Feet

Listing Description

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice. (67938553)

Location Description

Line 34 Between James Street and Galt Street

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Square Footage
5159 sqft
Subdivision Name
47 - Shakespeare
Title
Freehold
Land Size
under 1/2 acre
Built in
2022
Annual Property Taxes
$4,819.24
Total Parking Spaces
10
Time on REALTOR.ca
87 days

Building

Bathrooms
Total
4
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Total Units
4
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Stone, Stucco
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Golf Nearby, Park, Place of Worship, Playground, Schools, Shopping
Parking
Total Parking Spaces
10

Measurements

Square Footage
5159 sqft
Above Grade Finished
3869 sqft
Source: Other
Below Grade Finished
1290 sqft
Source: Other

Land

Lot Features
Frontage
103 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
C-1
Data provided by: Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR) Unit #6 - 65 Springbank, Woodstock, Ontario N4S 8V8
226-929-8945
Email
Book showing
Revel Realty Inc Brokerage
111 Huron St
Woodstock, Ontario N4S6Z6
519-989-0999

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