Detached Home for Sale

MLS# H4059281 Price: $1,199,900


Rare opportunity to own a Fourplex in Smithville. Attractive reclaimed brick exterior. Approximately 5200 square feet of finished space. Walk-to-town location in the heart of Smithville. Quiet, dead end street backing onto school grounds and greenspace. Building made up of 4 units: spacious 2+1 bedroom, 2.5 bathroom main unit with double attached garage and double driveway, designed for owner occupation; three 2 bedroom, 1 bathroom rental units; large common room with coin operated laundry and storage lockers for 3 units; 11 parking spaces. Masterfully designed and quality built in 1999. Fantastic opportunity to occupy large unit and collect rent from 3 additional units, or invest and rent out all four units. $91,200 gross income & $24,300 expenses = $66,900 net income.

What's your Walk Score? 53 Somewhat Walkable

What's your Transit Score? 0 No Nearby Transit

Property Details: 106 McMurchie Lane (near Griffin St N )
Listing# 17585


Location

Address 106 McMurchie Lane
City Smithville
Cross Streets Griffin St N
District West Lincoln (10)
Neighbourhood Smithville (057)
Listing Agent Wayne Schilstra

Description

Sub Type 4 Units Type Detached
Price $ 1,199,900 Lease Rate Per For Sale
Style Bungalow Raised Approx. Age 16-30 Years
LotSize Encroachment and easement Location Smithville
Construction Brick Heating Forced Air
Square Footage 2123

Features

Property Features Auto Garage Door Remote(s)
Central Vacuum
Storage Area Lockers
Garage Attached

Room Details All dimensions are in square feet (sq ft).

Level Name Width Length Description

Quick Contact



Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

David and Ann Ryan, Sales Representatives
Office: 905-632-2199 | Direct: 905-407-4353 | info@ryanshomes.ca

RE/MAX Escarpment Realty Inc., Brokerage | 4121 Fairview St, Burlington, Ontario L7L 2A4, Canada

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