Income properties for sale
55 - 59, Rue Church, Ormstown
$1,190,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1900
Lot area
8,878 sqft
Parking (total)
Driveway (1)
Number of units
Residential (9), Commercial (3)
Residential units
2 x 2 ½, 3 x 3 ½, 3 x 4 ½, 1 x 5 ½
Potential gross revenue
$130,260
Description
Multiplex located in Ormstown, in a rapidly changing area. New residential housing developments are being built nearby, and several transportation companies are establishing operations in the region. Very easy to rent out, with strong demand and many tenants already on a waiting list. A unique and rare opportunity to acquire an income-generating property in a developing and high-potential market.
Centris No. 22041418
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $78,700 |
Building | $429,000 |
Total | $507,700 |
Taxes | |
---|---|
Municipal (2025) | $14,614 |
School (2025) | $454 |
Total | $15,068 |
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