183 MAURICE DRIVE, Oakville (CO Central), Ontario, L6K2W8
183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118.5' x 90.29' lot in Oakville. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: *12 Residential Suites *6 x Two-Bedroom Suites *6 x One-Bedroom Suites *Approximately $215,000 Net Income *16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout *Numerous custom kitchens featuring quartz countertops and stainless-steel appliances *Numerous Modernized bathrooms *3/4-inch solid oak hardwood flooring in many living areas and bedrooms *Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118.5' x 90.29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth.**Fully Rented** (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-875-5957
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 183 MAURICE DRIVE, Oakville (CO Central), Ontario, L6K2W8
- Community Name: 1002 - CO Central
- Property Type: Multi-family
- Zoning Description: Residential
- Lot Size: 118.5 x 90.29 FT
- Acreage: 118.5 x 90.29 FT
- Sewage Type: Storm sewer
- Water Type: Municipal water
- Total Parking Spaces: 16
- Structure Style: Multi-Family
- Floor Space: 10753 sqft
- Heating Type: Natural gas, Hot water radiator heat
- Cooling: None
- Appliances Included: Dishwasher, Dryer, Washer
Listing Office: RE/MAX PRIME PROPERTIES - UNIQUE GROUP
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