LOADING

18 Roselawn Boulevard South River, Ontario P0A 1M0

8 Bedroom 8 Bathroom 3,500 - 5,000 ft2
Bungalow Forced Air

$799,900

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 8-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:56991)

Property Details

MLS® Number X12198359
Property Type Multi-family
Community Name South River
Features Irregular Lot Size
ParkingSpaceTotal 8

Building

BathroomTotal 8
BedroomsAboveGround 8
BedroomsTotal 8
Appliances Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementType Crawl Space
ExteriorFinish Vinyl Siding
FireplacePresent No
FoundationType Insulated Concrete Forms
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 3,500 - 5,000 Ft2
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Septic System
SizeDepth 428 Ft
SizeFrontage 67 Ft
SizeIrregular 67 X 428 Ft
SizeTotalText 67 X 428 Ft

Rooms

Level Type Dimensions
Main Level Foyer 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Kitchen 2.4 m x 2.43 m
Main Level Dining Room 2.37 m x 2.34 m
Main Level Living Room 3.07 m x 3.74 m
Main Level Bedroom 3.29 m x 3.04 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m

Utilities

Electricity Installed

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