ON > Norfolk > Langton
Norfolk, ON N0E 1G0,52 QUEEN ST
$2,100,000
Est. payment /mo
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21 Beds
12,000 SqFt
Active

52 QUEEN ST Norfolk, ON N0E 1G0

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Kenneth Yim

Kenneth Yim

Keller Williams Referred Urban Realty

+1(416) 651-5653

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $175

Subdivision Langton

MLS Listing ID X10744836

Bedrooms 21

Building Age 51-99

Annual Tax Amount $17,994

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Investment

Lot Depth 115.0

Lot Front 134.0

Property Description

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow.

Location

Province ON

County Norfolk

Community Langton

Area Norfolk

Rooms

Kitchen 0

Interior

Interior Features Separate Heating Controls, Water Heater Owned

Cooling Yes

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Controlled Entry

Utilities Available Unknown

View Downtown

Roof Type Membrane

Lot Frontage 134.0

Lot Depth 115.0

Exposure West

Total Parking Spaces 15

Building

Lot Description Irregular Lot

Foundation Concrete Block

New Construction false

Listed by Coldwell Banker G.R. Paret Realty Limited Brokerage

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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