519-387-7650 info@markmcdade.com

Property Details

187 MAIN Street S, Mount Forest, Ontario, N0G2L0

187 MAIN Street S, Mount Forest, Ontario, N0G2L0 (ID 40061258)
Representative
Mark McDade portrait
Mark McDade
Sales Representative
Chestnut Park Realty Inc. Brokerage - Owen Sound
Cell: 519-387-7650
Tel: 519-371-5455

$2,499,000 - For sale

ID#:40061258

This property offers an excellent rate of return for a sound, passive investment. This building contains 12 residential units and one commercial unit. All units have been completely updated and refurbished within the last year as have the electrical, plumbing and heating systems. The entire building has a new, monitored fire/smoke/security alarm system. The residential portion has a controlled entry system. Commercial unit pays all property operating expenses; heating, electricity, property & liability insurance, property taxes and yard/lot maintenance. Commercial tenant is on a 5 year lease with option to renew for 5 years. Gross and net incomes are $159,600 per year. There is ample opportunity for future expansion or an addition on this 1 acre lot. Property management contract may be assumed. (id:286)

Location DescriptionSee municipal

Property Details
  • Property Address:187 MAIN Street S, Mount Forest, Ontario, N0G2L0
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.996
  • Acreage:0.996 ac|1/2 - 1.99 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Driveway:Gravel
Structure Details for 187 MAIN Street S, Mount Forest, Ontario, N0G2L0
  • Building Age:1900
  • Floor Space:15000
  • Heating Type:Natural gas, Forced air, Hot water radiator heat
  • Style:Detached
  • Storeys:2
  • Basement Type:Full (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:Central air conditioning
  • Rental Equipment:None
  • Exterior Type:Brick
Amenities for 187 MAIN Street S, Mount Forest, Ontario, N0G2L0 Double width or more driveway, Paved driveway, Crushed stone driveway, Community Centre
  • Amenities Nearby:Hospital, Place of Worship, Playground, Schools, Shopping
Representative
Mark McDade portrait
Mark McDade
Sales Representative
Chestnut Park Realty Inc. Brokerage - Owen Sound
Cell: 519-387-7650
Tel: 519-371-5455
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: COLDWELL BANKER WIN REALTY Brokerage

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.


Loading...

187 MAIN Street S, Mount Forest, Ontario, N0G2L0

The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate ยป