• Mobile: 647-831-6400
  • Office: 416-298-8383
  • Fax: 416-298-8303

$1,850,000
Available - For Sale
Listing ID: X12317287
52 Queen Stre , Norfolk, N0E 1G0, Norfolk


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.
Price $1,850,000
Taxes: $17994.72
Assessment Year: 2025
Occupancy: Tenant
Address: 52 Queen Stre , Norfolk, N0E 1G0, Norfolk
Directions/Cross Streets: Queen St. & Norfolk Drive
Rooms: 49
Bedrooms: 21
Bedrooms +: 0
Family Room: F
Basement: Partial Base
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick, Aluminum Siding
Garage Type: None
(Parking/)Drive: Unreserved
Drive Parking Spaces: 15
Park #1
Parking Type: Unreserved
Park #2
Parking Type: Unreserved
Park #3
Parking Type: Private
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
Utilities-Cable: Y
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Coldwell Banker G.R. Paret Realty Limited Brokerage
Personal Picture
Mak Azad
Broker
Dir:
647-831-6400
Bus:
416-298-8383
Fax:
416-298-8303
 
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At a Glance:
Type: Freehold - Multiplex
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Langton
Style: 2-Storey
Lot Size: x 333.11(Feet)
Approximate Age:
Tax: $17,994.72
Maintenance Fee: $0
Beds: 21
Baths: 14
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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