61 Main Street S, Uxbridge, Ontario L9P 1J4

Listed for:
$1,049,900
7 beds
4 baths
Listed 89 days ago
Fourplex for rent: 61 Main Street S, Uxbridge, Ontario L9P 1J4

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Learn more about this property
Listing provided by:
SUTTON GROUP-HERITAGE REALTY INC.
MLS® number:
N12327088
Agent:
Greg Brown
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About

Main St S & Brock St W Investment Opportunity in Uxbridge: Fully Renovated Fourplex in Prime Location. Located in the heart of historic Uxbridge, this beautifully renovated fourplex offers a rare turn-key investment opportunity with strong income potential. The property features four fully self-contained units, three spacious 2-bedroom suites and one well-appointed 1-bedroom unit, each with its own private entrance, full 4-piece bathroom, kitchen, and living area. All units are separately metered for hydro, adding convenience for both landlord and tenants. Recent renovations throughout the building ensure modern comfort while preserving the charm and character of the original structure. A detached garage provides additional rental income, and the property includes seven dedicated parking spaces for tenants' convenience. With low maintenance costs and minimal upkeep required, this property is both an efficient and attractive long-term hold. Currently generating a solid net income with a cap rate of 5.88%and the potential for even greater returns through expense optimization and rent increases on the under-market unit, this property presents a strong cash flow opportunity. Appliances include 4 fridges, 4 stoves, and 2 owned hot water tanks. Just steps from local shops, schools, and Elgin Park, the location is ideal for tenants and offers consistent rental demand. Financial statements are available upon request. This is a must-see for both experienced investors and newcomers seeking a stable, income-generating asset in one of Durham Region's most desirable towns. Great Investment! 5.88% Cap, potential to increase Net Income two ways. Financials Available Upon Request. If owner does their own snow removal net income will increase and cap rate would be 6.61%. Call or email for financials. (id:27476)

Property Highlights

MLS® Number
N12327088
Type
Multi-family
Community Name
Uxbridge
Land Size
54.6 x 110.4 FT
Parking Space Total
8

Building

Building Type
Fourplex
Storeys
1.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
7
Amenities
Separate Electricity Meters Hospital, Park, Place of Worship, Public Transit, Schools
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Finished), N/A
Basement Features
Walk out, Apartment in basement
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Kitchen
Lower level
3.85 m x 3.13 m
Bedroom 5
Lower level
3.69 m x 3.05 m
Bedroom
Lower level
2.85 m x 2.71 m
Living room
Lower level
Measurements not available
Kitchen
Lower level
Measurements not available
Bedroom
Lower level
Measurements not available
Living room
Lower level
4.24 m x 3.78 m
Foyer
Main level
Measurements not available
Living room
Main level
5.27 m x 4.47 m
Kitchen
Main level
3.38 m x 3.35 m
Primary Bedroom
Main level
3.46 m x 2.77 m
Bedroom 2
Main level
3.3 m x 2.7 m
Living room
Main level
4.39 m x 3.17 m
Kitchen
Main level
4.28 m x 3.1 m
Bedroom 3
Main level
3.3 m x 2.78 m
Bedroom 4
Main level
3.47 m x 2.65 m

Location